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Retrenchment is back at Google; as a cost-cutting measure, some workers will be transferred to these countries, including India
Lays Off: Cost cutting means the number of employees is being reduced to reduce costs. Earlier in January also, Google had fired hundreds of employees from many teams including its engineering, hardware and support teams.
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.
