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New Delhi. The series of layoffs continues in big tech companies. This time tech giant Google has announced the layoff of 100 employees of its cloud unit. The company has recently cut at least 100 jobs in various cloud unit teams including sales, operations, engineering and strategy. Google says that these cuts are a strategic move to streamline its workforce.
However, the layoffs come at a time when some of the affected employees recently worked at Google Cloud Next, a major industry event held in April. This has raised concerns about a lack of resources and tight deadlines for the remaining employees, especially given Google’s recent record profits.
Hundreds of employees were laid off this year
Google has reduced its workforce several times this year. In January, the company cited economic uncertainty for laying off hundreds of employees across various departments. There were layoffs in April as well, but the exact number has not been disclosed. Most recently, in May, Google’s core engineering teams cut at least 200 jobs.
The cuts begin in 2023, with Alphabet aiming to reduce its workforce by about 6%. CEO Sundar Pichai has expressed a desire to minimize layoffs in the future. Google has clearly stated that the company is adapting its business strategy to create synergy according to current market conditions.
TikTok lays off 1000 employees
Popular short-video platform TikTok has laid off 1,000 employees globally, with layoffs affecting employees from operations and marketing teams. Although TikTok has given limited official reasons for the layoffs, industry analysts are speculating on a number of possible reasons.
Walmart also laid off people
Walmart is reportedly cutting jobs and asking employees from various tech centers to relocate. The layoffs are expected to impact the company’s corporate employees, as the largest retailer has been trying to reduce its workforce for some time. The exact number of employees laid off from Walmart is not yet known.
Microsoft and Tesla are also not far behind
The month of May saw job cuts in Microsoft’s gaming division. The tech giant shut down Redfall developer Arkane Austin, Hi-Fi Rush developer Tango Gameworks, Alpha Dog Studios, among several other developers. A report by IGN claims that some of the affected employees will be relocated while some will have to leave their jobs.
At the same time, Tesla, owned by Elon Musk, has fired thousands of employees from software, service and engineering departments. According to a report, the company has fired more than 6,700 employees from several places including Texas and California.
Tag: Google, job loss, technology
first published : June 5, 2024, 12:06 IST
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