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Technology Stocks : Alphabet Inc. (Google)
GOOGL 185.04-0.3%3:59 PM EDT

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From: Julius Wong5/1/2024 9:21:32 PM
   of 15827
 
Google to lay off hundreds in 'Core teams,' move some jobs to India, Mexico: report

May 01, 2024 2:15 PM ET
By: Chris Ciaccia, SA News Editor

JHVEPhoto

Google (NASDAQ: GOOG) (NASDAQ: GOOGL) has laid off at least 200 employees in its "Core" teams and will undergo a reorganization that results in some jobs moving to India and Mexico, CNBC reported.

The "Core" unit is responsible for the technical work behind Google's flagship products and protecting online safety, the news outlet added. At least 50 engineering positions in Google's Sunnyvale, Calif. location were eliminated. Corresponding roles will be hired in India and Mexico, CNBC added, citing internal documents.

Google did not immediately respond to a request for comment from Seeking Alpha.

Shares rose 1.4% in mid-day trading.

Google has made several rounds of layoffs since the start of the year. In January, the tech giant let go hundreds of staff working on its voice assistant, hardware and engineering teams.

Several hundred employees were let go from its advertising sales division while more recent cuts impacted its finance and real estate divisions.

In January, CEO Sundar Pichai warned that cuts would continue through this year, even if they weren't substantial.

Alphabet said in January 2023 that it planned to eliminate about 12,000 jobs. The company also made other smaller trims in 2023.
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