Google Layoffs 2024: Google has laid off hundreds of employees working in its hardware, voice assistance and engineering teams as part of cost-cutting measures. According to the statement issued by the company, this layoff has been done because Google is moving towards investing responsibly in the company’s biggest priorities and important opportunities ahead. The statement said that some teams are continuing to make such organizational changes. This includes eliminating some positions globally. Google had previously said it was eliminating a few hundred positions, mostly affecting its advanced hardware team. This cut has been made after the executives of Google and its parent company Alphabet agreed to reduce costs. About a year ago, Google had said that it would lay off 12,000 employees or about six percent of its workforce. Earlier this week, Amazon laid off hundreds of employees at its Prime Video and Studio units. It will also lay off about 500 employees working on its livestreaming platform Twitch.
Before the new year, Paytm had laid off 10 percent of its employees.
Paytm’s parent company One 97 Communications had decided at the end of the year to fire more than 1,000 employees from various departments in the name of cast cutting. Paytm wants to organize its business and in this sequence it had laid off the employees. There is also a possibility that there may be more layoffs in the coming few months. According to the information, this decision of Paytm will affect 10 percent of the people working in the company. This decision of Paytm has created a sensation in the world of Indian tech firms, because it is being seen as the biggest lay-off of the tech firm.
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