Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Top News
Top News

Google Implements Layoffs And Shifts Roles Abroad For Cost Efficiency

The logo of Google LLC is seen at the Google Store Chelsea in New York City

Google has recently announced layoffs and a restructuring of its workforce, with some roles being shifted overseas as part of cost-cutting measures. The tech giant is facing economic challenges due to the ongoing global pandemic and is taking steps to streamline its operations.

The layoffs are expected to affect a number of employees across various departments within Google. Some roles will be moved to locations outside of the United States, where labor costs may be lower. This move is aimed at reducing expenses and improving the company's overall financial health.

Google's decision to lay off employees and shift roles abroad comes as many companies are reevaluating their business strategies in response to the economic impact of the pandemic. The tech industry has been particularly hard hit, with companies facing declining revenues and increased competition.

While the layoffs are a difficult development for those affected, Google has stated that it is committed to supporting its employees during this transition. The company is offering severance packages and other resources to help affected employees find new opportunities.

Overall, Google's decision to restructure its workforce and make cost-cutting measures reflects the challenging economic environment facing many businesses today. The tech giant is taking proactive steps to adapt to the changing landscape and ensure its long-term sustainability.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.