Google Lays Off Hundreds From 'Core' Organization, CNBC Reports
--Alphabet's Google unit laid off at least 200 employees from its "Core" teams, which are responsible for building the technical foundation behind the company's flagship products and for protecting users' online safety, in a reorganization that will include moving some roles to India and Mexico, CNBC reports.
--At least 50 of the positions eliminated were in engineering at the company's offices in Sunnyvale, Calif., and many Core teams will hire corresponding roles in Mexico and India, CNBC reports, citing filing and internal documents.
--Google confirmed the Core reorganization and layoffs, with a spokesperson saying employees will be able to apply for open roles within Google and to access outplacement services, CNBC reports.
Full story: https://www.cnbc.com/2024/05/01/google-cuts-hundreds-of-core-workers-moves-jobs-to-india-mexico.html
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
May 02, 2024 10:05 ET (14:05 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
How Anti-Obesity Drugs Are Innovating the Healthcare Market
-
What’s Happening In the Markets This Week
-
Why Immigration Has Boosted Job Gains and the Economy
-
What to Invest in During High Inflation
-
Never Mind Market Efficiency: Are the Markets Sensible?
-
Starbucks Stock Could Use a Pick-Me-Up After Big Selloff; Is it a Buy?
-
5 Cheap Stocks to Buy From an Attractive Part of the Market
-
Markets Brief: All Eyes On Inflation
-
After Earnings, Is Lyft Stock a Buy, a Sell, or Fairly Valued?
-
8 Stock Picks in the Apparel Industry
-
Baidu Earnings: Advertising Weakness Offset by Continued Growth In Cloud Business
-
Going Into Earnings, Is Target Stock a Buy, a Sell, or Fairly Valued?
-
Walmart Earnings: Low Prices and Strong Digital Presence Drive Market Share Gains
-
After Earnings and a Big Selloff, Is Shopify Stock a Buy, a Sell, or Fairly Valued?
-
Cisco Earnings: Positive Guidance and Splunk Inclusion Align With Our Long-Term Thesis
-
3 Warren Buffett Stocks to Buy After Berkshire Hathaway’s Just-Released 13F Filing