Article 6JSWX Google Lays Off Thousands More Employees Despite Record Profits

Google Lays Off Thousands More Employees Despite Record Profits

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janrinok
from SoylentNews on (#6JSWX)

DannyB writes:

Google Lays Off Thousands More Employees Despite Record Profits One Year After Laying off 12,000 Employees As Workers Begin Worrying AI is Slowly Replacing Them

Google has initiated significant layoffs across its various teams, [...] marking a continuation of the tech industry's trend towards reducing workforce expenses. The layoffs have affected hundreds of employees within the Voice Assistant unit; hardware teams responsible for Pixel, Nest and Fitbit products; and a considerable portion of the augmented reality (AR) team. This move is part of Google's broader effort to streamline operations and align resources with its most significant product priorities.

[....] This comes at a time when Google parent, Alphabet Inc., reported record profits in late January. The company reported $20.4 billion in net income in Q4.

[....] The layoffs have sparked widespread concern among Google employees, not just about job security but also about the ethical implications of their work, especially as the company continues to invest heavily in advancing AI technology.

What are the executive priorities that Google is trying to align resources with?

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