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Google Is Laying Off More Employees

Several teams across Google’s finance and real estate units have been affected, according to two current employees, who said staff had been informed of the cuts this week. One said that the affected teams in finance include Google’s Treasury, Business Services, and Revenue Cash Operations teams.

It’s unclear if other parts of the company are affected or how many roles have been cut. One current employee said the changes were “pretty large-scale” and that some roles are being moved abroad.

According to a person who saw the email, Google’s finance chief Ruth Porat sent an email to staff announcing that Google would build out its “growth hubs” in locations such as Bangalore, Mexico City, and Dublin as part of the restructuring.

A Google spokesperson confirmed the cuts but declined to elaborate on the number of affected staff. They said that a small percentage of the roles will move to other offices in the US and abroad where Google is putting more investment, including India, Dublin, and Atlanta.

“As we’ve said, we’re responsibly investing in our company’s biggest priorities and the significant opportunities ahead,” said a Google spokesperson. “To best position us for these opportunities, throughout the second half of 2023 and into 2024, a number of our teams made changes to become more efficient and work better, remove layers and align their resources to their biggest product priorities. Through this, we’re simplifying our structures to give employees more opportunity to work on our most innovative and important advances and our biggest company priorities, while reducing bureaucracy and layers.”

They said that impacted employees could apply for open roles inside Google.

Google has been cutting staff and reorganizing the company throughout 2023 and this year as it attempts to cut back on costs and move faster in critical areas such as AI.

Alphabet’s other companies, including Verily, have also chopped head count.

In January, CEO Sundar Pichai warned staff that cuts would continue throughout the year, although they would not affect every team, according to a copy of the memo seen by BI.

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