New Delhi: Google announced it will fire hundreds of staff members who helped with hiring and recruiting new employees as Silicon Valley continues its cost-cutting initiatives. Although it is not thought that the employment would be reduced significantly, other departments within the business may opt to do so.
Sundar Pichai, the CEO of Google, has been encouraging staff members to decrease costs and increase efficiency for more than a year. Google said in January that it was eliminating 12,000 employees, or 6% of its workforce, following competitors like Amazon and Meta. These were the first large layoffs in the history of the firm. Presently, the business employs 181,798 people.
The IT giant eliminated 12,000 workers in January and has since worked to reduce expenses in order to fund developments in artificial intelligence.
A technical recruiter at the Seattle-based software company for the last four years is one such employee who was let go.
She said on LinkedIn, “I struggle to make this post, but unfortunately, today I got laid off at my dream company,” She said that Google had improved her life.
“Being from a small town and going to a small college, I never imagined working at Google. For me, it was a fantasy that was too enormous. However, I was hired, and the experience was the finest of my life. It exceeded my wildest expectations, she wrote.” I am heartbroken and horrified. I like telling folks that I worked at Google.
“Well, it took place! Another Google recruiter in Colorado commented, “I was laid off this morning along with many outstanding people in Google’s recruitment department.
Employees, both present and past, criticised Mr. Pichai for how he handled the most recent layoffs, which included making the announcement in the middle of the night and immediately rescinding employees’ access to company resources. The layoffs coincided with larger concerns about how Google’s business would be affected by competing A.I. companies like OpenAI, the company behind ChatGPT, and its collaborator, Microsoft.
As advertisers cut back on their spending due to concerns about an economic slowdown or recession, the company’s core digital ad business declined last year.
In an effort to stabilise its operations, the corporation has put more emphasis this year on cost-cutting measures. Google said in July that its revenues increased by about 15% year over year in the quarter that ended in June as its Search and YouTube advertisements businesses kept growing.
