By: Economic & Finance Report
Mega tech giant Google (NASD: Googl) has let go many employees and is diversifying its portfolio across other continents. Countries such as India, Mexico, Ireland will see new offices being opened, while many US based offices will close.
The restructuring is to give more innovative advances to production and creative exploration in other areas of the company. CEO Sundar Pichai had mentioned earlier this year, that many job cuts were going to be implemented; in order for Google (NASD: Googl) to reach its financial objectives. Since 2023, Google (NASD: Googl) has reduced its number of employees by more than 12,000. -SB
Image Credit: Britannica
Google lays off workers as part of ‘pretty large-scale’ restructuring (nypost.com)
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