Thursday, September 19, 2024

Google has cut jobs in one of its fastest-growing businesses – Times of India

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Google is reportedly cutting jobs in one of its fastest-growing businesses globally. According to a report in CNBC, Google parent Alphabet is laying off employees from several teams in Google’s cloud unit, one of its fastest-growing businesses.

The company is said to have informed employees last week of the cuts in the Cloud team. As per an internal note viewed by CNBC, the roles being eliminated are in sales, consulting, “go-to-market” strategy, operations and engineering. At least 100 positions were cut, said people reportedly familiar with the matter and asked not to be named.

Google on job cuts at Google CloudA Google spokesperson told CNBC that the cuts are incremental across teams to better align its go-to-market organization. “As we’ve shared before, we continue to evolve our business to meet our customers’ priorities and the significant opportunity ahead,” the spokesperson said. “We maintain our commitment to investing in areas that are critical to our business and ensure our long-term success.”

The report added that some of those who lost their jobs had worked on the company’s annual Google Cloud Next that took place in mid-April.

Google first announced job cuts in January 2023, since then the company has announced numerous round of layoffs. Last month, Google cut at least 200 employees from its “Core” organization, which included key teams and engineering talent. CEO Sundar Pichai told employees that the company would have fewer layoffs in the second half of 2024.

Google Cloud business reported $40 billion annual revenue as the company overall delivered strong first quarter results. Google parent Alphabet reported first quarter revenue of $80.54 billion, up 15% from a year ago. Gogle CEO Sundar Pichai said first quarter results were driven by strength in search, YouTube and Google Cloud. “We are well under way with our Gemini era and there’s great momentum across the company. Our leadership in AI research and infrastructure, and our global product footprint, position us well for the next wave of AI innovation.”

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