Google announced that they laid off employee employees to cut costs. It is in the areas of its hardware, voice assistance, and engineering teams.
Microsoft is a rival in the context of artificial intelligence, Google happens to be allocating its resources to the competition exaggerated by Microsoft.
They also mentioned earlier that, they terminated hundreds of roles mostly affected by the augmented reality hardware team.
Elaborating more on these layoffs, it is not only Google who took this step to cut costs.
- Facebook company Meta eliminated 20,000 jobs
- Spotify mentioned in December that they are eliminating 17% of their workforce.
- Hundreds of Prime Video and Studio units’ employees are terminated by Amazon.
In conclusion, it is not only Google but many big companies that are on their way to laying off employees in the race to rising profitability.
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