Google lays off employees, shifts some roles abroad amid cost cuts

Prices at the Pumps - April 17, 2024 #saltwire #energymarkets #pricesatthepumps #gasprices - Alphabet-owned Google is laying off an unspecified number of employees, a company spokesperson said on Wednesday, marking the latest cuts at the technology giant as it cracks down on costs.

The layoffs follow a slew of job cuts across Google, and the tech and media industry this year, adding to fears that layoffs may continue as companies grapple with economic uncertainty. Employees across several of Google' teams in its real estate and finance departments have been affected, according to a Business Insider report on Wednesday. The finance teams affected include Google's treasury, business services, and revenue cash operations, it added.

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