fbpx
News Hub

Google cuts 1,000 jobs in response to market shifts

Written by Tue 16 Jan 2024

Google has cut 1,000 jobs across its hardware, voice-assistance, and engineering teams to invest in the company’s biggest priorities and future opportunities.

A Google spokesperson said to CoStar News that some teams are making organisational changes, which include some global role eliminations.

“To best position us for these opportunities, throughout the second half of 2023, a number of our teams made changes to become more efficient and work better, and to align their resources to their biggest product priorities,” said the Google Spokesperson.

Initially, Google said it was removing a few hundred positions across its engineering, hardware, and the Assistant teams. However, most of the layoff impact was experienced by Google’s augmented reality hardware division. 

As of September 2023, Google’s parent company, Alphabet, has employed 182,381 employees.

Alphabet Workers Union Criticises Google Layoffs

On 12 January, the Alphabet Workers Union labelled the Google layoffs as both ‘unnecessary’ and ‘counterproductive’. 

“Alphabet says it is doing layoffs in the interest of efficiency, but we know the truth, because we see the real impacts. The layoffs introduce chaos and instability into the workplace and force workers to make do with less. The real reason for them is simple: corporate greed,” said Parul Koul, Google Software Engineer and President of the Alphabet Workers Union. 

The Union added the company earned ‘tens of billions in profit’ in the last year with more than £78 million ($100 million) in cash reserves. 

“Executive pay has gone untouched, all while thousands of our coworkers have had their lives turned upside down and those that remain on the job work in constant anxiety that they will be next,” said Koul.

The layoffs followed pledges by executives of Google and Alphabet to reduce costs. Last year, Google said it would lay off 12,000 employees, around 6% of its workforce.

“The only way to keep these layoffs from happening every January is if we as Google workers act together and build the power to stop them,” said Koul. 

The Alphabet Workers Union said they will not stop fighting until their jobs are safe.

“Our members and teammates work hard every day to build great products for our users, and the company cannot continue to fire our coworkers while making billions every quarter,” said the Alphabet Workers Union in a post on X (formerly Twitter).

Big Tech Reduces Workforce

Several major technology companies are also facing layoffs. 

Earlier this month, Amazon said it will lay off hundreds of its employees from its Prime Video and studio units with plans to cut 500 employees from its live-streaming platform, Twitch.

“We have identified opportunities to reduce or discontinue investments in certain areas while increasing our investment and focus on content and product initiatives that deliver the most impact,” said Mike Hopkins, Senior Vice President of Prime Video and Amazon MGM Studios, in a note seen by Reuters

This move followed Amazon’s earlier rounds of layoffs. In March, the company announced 9,000 job cuts on top of the 18,000 employees laid off in January 2023. 

In March, Meta, the parent company of Facebook, Instagram, and WhatsApp, cut more than 20,000 jobs.

In 2022, Twitter employees prepared themselves for substantial layoffs. Around 2,000 staff, or 25% of the workforce, were expected to be dismissed as part of an extensive overhaul.

Join Tech Show London

6-7 March 2024, ExCeL London

Be a part of the latest tech conversations and discover pioneering innovations.

You won’t want to miss one of the most exciting technology events of the year.

Written by Tue 16 Jan 2024

Send us a correction Send us a news tip