The company “Google” ordered to lay off at least 200 employees. The moves are part of a strategic reorganization of the company to move certain responsibilities to the Indian and Mexican markets. The publication “CNBC” writes about it.
Why are employees fired?
March. Prabhakar Raghavan, head of the company’s search division, told employees at a marketing meeting last week that Google plans to build teams closer to end users in strategic markets such as India and Brazil. It is known that labor is cheaper there than in the United States.
As a result, at least 50 of the eliminated positions were engineering positions at the company’s offices in Sunnyvale, California. According to internal documents, Google will hire employees to fill these positions in Mexico and India.
Interesting. The mass layoffs come at a time when the company’s growth rate is at its fastest since 2022. beginning, and profit margins are improving dramatically. Last week, Alphabet reported a 15% year-over-year increase in first-quarter earnings and announced its first-ever dividend.
At the same time, Google CFO Ruth Porat announced that the company’s finance department is also being restructured, which will result in layoffs and relocation of positions to Bangalore and Mexico.
Which departments will have the most layoffs?
Last week, Asim Hussain, vice president of Google’s developer ecosystem, announced the layoffs in an email to his team. He also spoke and informed the employees that this is the biggest planned reduction in the number of employees of his team this year.
Key teams include core IT technical units, Python development team, technical infrastructure, security framework, application platforms, core programmers, and various engineering roles.
