Retrenchment is back at Google; as a cost-cutting measure, some workers will be transferred to these countries, including India

Big IT companies are facing a possible recession these days. To reduce costs, these companies are imposing layoffs on employees. Meanwhile, similar news has also come out from Google. Once again Alphabet-owned Google is showing its employees the way out of the company. Google has fired employees on a large scale.

A spokesperson of the company said on Wednesday that the number of employees is being reduced to reduce costs. He said that layoffs are not being done in the entire company. Therefore, the employees affected by this will be able to apply for any other role. However, the spokesperson did not provide any information about the number of employees affected by the layoffs or the teams involved.

Some of the laid-off employees will be transferred to Chicago, Atlanta, Dublin, India, and other locations where the company has investments. It is notable that this year, following numerous layoffs in the tech and media sectors, Google is also experiencing a retrenchment. As a result, there is growing concern that this layoff may continue. Businesses are having difficulty coping with economic uncertainty.

According to a report, employees of several teams in Google's real estate and finance departments have been affected by this layoff. Affected finance teams include Google Treasury, Business Services, and Revenue Cash Operations. Not only this, Google's finance chief Ruth Porat has sent an email to her employees. It said the restructuring includes expanding growth in Bengaluru, Mexico City and Dublin.

The company has let go of employees before. This is not the first time. As the company increased its investment in providing artificial intelligence, Google also fired hundreds of workers from various teams earlier in January, including its engineering, hardware, and support teams. Employees were reportedly informed about job cuts earlier this year by Google CEO Sundar Pichai.