What you should know
- Google is planning more job cuts in 2024 as part of its changing philosophy, according to CEO Sundar Pichai.
- Since January 10th, Google has reportedly laid off over a thousand employees across various departments.
- The upcoming job cuts in 2024 are about “removing layers to simplify execution and drive velocity in some areas”, and will not be as large-scale as last year’s reductions.
- The trend of job cuts in tech giants continues, with companies like Meta, Amazon, and Twitch also reducing their workforces, possibly due to the adoption of artificial intelligence software and automation.
Full Story
Thought Google was done with layoffs after axing 12,000 employees last year? Guess again. We chatted about this just last week – Google’s changing its game plan, which means more folks are gonna be out of a Google job come 2024.
Now, it looks like they’re putting their money where their mouth is. Sundar Pichai, Google’s CEO, has hinted that there are more job cuts coming down the pipeline this year (that’s according to The Verge, at least).
Here’s the scoop: since January 10th, Google’s already let go of over a thousand employees from different departments. And there’s this rumored internal memo, right? The one supposedly from Pichai himself, telling everyone to buckle up for more layoffs.
The memo reportedly reads something like, “We have ambitious goals and will be investing in our big priorities this year. The reality is that to create the capacity for this investment, we have to make tough choices”.
But Pichai’s trying to reassure folks. He’s saying that the job cuts in 2024 won’t be as massive as last year’s, and not every team will be hit. He went on to explain that the layoffs are about “removing layers to simplify execution and drive velocity in some areas”.
This isn’t exactly a shocker, considering the mass layoffs we’ve seen at Meta, Amazon, and other big-name companies in recent years. Even Twitch is jumping on the bandwagon. They’re planning to let go of nearly 35% of their workforce.
According to Reuters, this move is just another sign that job cuts are likely to continue this year. Seems like companies are looking to embrace AI software and automation to lighten workloads.
