Apple

<p>Industry giant <a href="https://www.google.com/" rel="nofollow noopener" target="_blank">Google</a> has announced a fresh round of layoffs&nbsp;in a bid&nbsp;to cut costs. According to a <a href="https://www.reuters.com/technology/google-lays-off-employees-shifts-some-roles-abroad-amid-cost-cuts-2024-04-17/" rel="nofollow noopener" target="_blank">report</a> from Reuters, the company is laying off some members and restructuring some of its team. The major layoffs will affect staff in the company’s real estate and finance departments.&nbsp;The company is axing employees who work in the treasury, business services, and revenue cash operations&nbsp;of the finance department.</p> 
<h2 class="wp-block-heading" id="google-set-to-cut-more-jobs-amid-restructuringmoves">Google set to cut more jobs amid restructuring&nbsp;moves</h2> 
<p>In an email to staff, the finance chief at Google&nbsp;Ruth&nbsp;Porath&nbsp;wrote that the company&nbsp;is looking&nbsp;to set up growth hubs in locations like Bangalore, Dublin, and Mexico City. This new development is in line with the company’s plans for restructuring. A spokesperson for Google confirmed that the layoffs are not across its global workers&nbsp;and&nbsp;employees affected could apply for internal roles. However, Google failed to disclose the total number of employees&nbsp;that were&nbsp;affected or the teams it is restructuring.</p> 
<p>In the report, the spokesperson noted that&nbsp;some of the members would be relocated&nbsp;to these&nbsp;key&nbsp;hubs across the globe.&nbsp;The company&nbsp;is set&nbsp;to increase investments in specific areas worldwide, setting up shop in India, Chicago, Atlanta, and some other strategic locations. The report noted that teams across the company had changed since 2023 up till now to increase their efficiency and assign resources to the&nbsp;biggest&nbsp;priorities.</p> 
<h2 class="wp-block-heading" id="other-tech-giants-announcelayoffs">Other tech giants announce&nbsp;layoffs</h2> 
<p>This recent development is coming after a few layoffs at the firm earlier this year. Google <a href="https://www.cryptopolitan.com/google-contemplates-layoffs-as-ai-advances-in-ad-sales-division/" data-type="post" data-id="435167">announced</a> the sack of specific employees&nbsp;including&nbsp;engineering hardware and assistant&nbsp;teams&nbsp;as it looked to focus on building the capacity of its artificial intelligence (AI).&nbsp;Its sister company&nbsp;Alphabet,&nbsp;through its CEO Sundar Pichai, <a href="https://www.cryptopolitan.com/google-ceo-staff-more-layoffs-at-the-firm/" data-type="post" data-id="446767">noted</a> that more jobs within Google will be affected.&nbsp;He&nbsp;noted&nbsp;that the firm was looking to create investment capacity, hence the need to make tough choices.</p> 
<p>Apple announced the layoffs of about 600 employees at the beginning of this month in its self-driving cars and smartwatch screen teams. The layoffs became necessary after the company axed both programs. Amazon Web Services also cut some jobs as a part of its broader efforts to help its parent company. The company laid off&nbsp;more than&nbsp;hundreds of employees across several departments last month.</p>

Google set to execute new layoffs in a bid to cut costs

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