Tag Archives: cuts

Google has laid off over a thousand employees across various departments since January 10th. CEO Sundar Pichai’s message is to brace for more cuts. “We have ambitious goals and will be investing in our big priorities this year,” Pichai told all Google employees on Wednesday in an internal memo that was shared with me. “The reality is that to create the capacity for this investment, we have to make tough choices.” So far, those “tough choices” have included layoffs and… Source link

Spot bitcoin ETF Franklin Templeton Digital Holdings Trust (EZBC) has cut its fee, making it (as of late Friday morning) the lowest among all current issuers. The asset management firm will also waive fees until the fund reaches $10 billion in assets under management. The newly approved spot bitcoin ETFs collectively saw more than $4 billion in volume on the first day of trading. Sandy Kaul, Franklin Templeton’s Head of Digital Asset and Investor Advisory Services, joins Yahoo Finance Live to… Source link

Tech giants Amazon and Google unleash hundreds of employee layoffs in various divisions. CRN breaks down each layoff announcement and the biggest takeaways. Amazon and Google are laying off a few thousand employees, combined, across various business groups as the two IT giants confirmed several different employee cuts this week as 2024 kicks off. … Source link

Comment on this storyComment Add to your saved stories Save SAN FRANCISCO — The wave of layoffs that has broken over Silicon Valley in the past two years isn’t over. On Wednesday, Google confirmed it had cut hundreds of engineering and hardware workers as it sought to cut costs and refocus on artificial intelligence. The same day, Amazon said it would cut some positions at its Prime Video and MGM Studios entertainment divisions. Twitch, a video game streaming company owned by Amazon, also… Source link

Google laid off hundreds of workers in several divisions Wednesday night, seeking to lower expenses as it focuses on artificial intelligence and joining a wave of other companies cutting tech jobs this year. The Silicon Valley company laid off employees in its core engineering division, as well as those working on the Google Assistant, a voice-operated virtual assistant, and in the hardware division that makes the Pixel phone, Fitbit watches and Nest thermostat, three people with knowledge of… Source link

Google has laid off hundreds of employees working on its hardware, voice assistance and engineering teams as part of cost-cutting measures. The cuts come as Google looks towards “responsibly investing in our company’s biggest priorities and the significant opportunities ahead,” the company said in a statement. “Some teams are continuing to make these kinds of organizational changes, which include some role eliminations globally,” it said. Google earlier said it was… Source link

Google has laid off hundreds of employees working on its hardware, voice assistance and engineering teams as part of cost-cutting measures. The cuts come as Google looks towards “responsibly investing in our company’s biggest priorities and the significant opportunities ahead,” the company said in a statement. “Some teams are continuing to make these kinds of organizational changes, which include some role eliminations globally,” it said. Google earlier said it was… Source link

[unable to retrieve full-text content]Google lays off dozens in its news division in latest round of cuts: report  New York Post Source link

[unable to retrieve full-text content] Google cuts lavish worker perks including ‘micro-kitchens’ in savings push  New York Post Google to cut some of its perks to cut costs amid AI race  The Washington Post Google Rolls Out New Cost-Cutting Measures: Report  NDTV Source link

[unable to retrieve full-text content]Swiss Google workers stage walkout as job cuts hit Europe  Reuters.com Source link