Google: As to a CNBC report, Google has slashed at least 40 employees in its newsgroup. The software behemoth has been reducing its workforce in recent months, citing financial necessity as the reason for the layoffs. Read on to learn more.
Google lays off employees
A Google representative was also quoted in the paper, stating that hundreds of people are still employed by the news division.
“We’re deeply committed to a vibrant information ecosystem, and news is a part of that long-term investment,” a Google spokesperson was quoted by CNBC. “We’ve made some internal changes to streamline our organisation. A small number of employees were impacted. We’re supporting everyone with a transition period, outplacement services, and severance as they look for new opportunities at Google and beyond.”
The cutbacks in the news section are purportedly part of a larger reorganisation at Google, which has also included layoffs in other departments, including cloud computing and recruiting.
Google’s parent firm, Alphabet, said earlier this year, on January 21 that it would be reducing its global staff by 6%. 12,000 employees of Google and other Alphabet subsidiaries were laid off as a result of this. According to the corporation, during the pandemic, hiring decisions were made in light of the rapidly growing digital economy.
Google’s News Division details
Top news stories are curated by Google News according to viewer interests and geographic location. After entering a search term, you can access it by choosing the “News” option. Google News is a carefully chosen collection of news articles covering the most recent events from the search engine giant.
LinkedIn Second round of layoffs
On Monday, LinkedIn revealed a new round of layoffs that will impact roughly 668 positions across our teams responsible for engineering, product, talent, and finance. The company’s continuous poor year-over-year revenue growth for eight consecutive quarters is followed by the most recent job cutbacks on the professional social networking platform.
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