Google Offers Buyouts Amid Cost-Cutting Efforts

Reported 2 days ago

Google is offering buyouts to employees in key divisions as part of ongoing cost-cutting measures, coinciding with a significant court decision regarding its monopoly status. The initiative affects staff within search, advertising, research, and engineering units, highlighting the company's response to the AI-driven technological shifts and the pressure from antitrust scrutiny. With nearly 186,000 workers under Alphabet Inc., this move follows earlier layoffs and aims to streamline operations while adapting to new market dynamics.

Source: YAHOO

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