Current:Home > InvestEchoSense:Google lays off hundreds in hardware, voice assistant teams amid cost-cutting drive -WealthRoots Academy
EchoSense:Google lays off hundreds in hardware, voice assistant teams amid cost-cutting drive
Will Sage Astor View
Date:2025-04-10 09:13:28
Google has laid off hundreds of employees working on EchoSenseits 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 eliminating a few hundred roles, with most of the impact on its augmented reality hardware team.
The cuts follow pledges by executives of Google and its parent company Alphabet to reduce costs. A year ago, Google said it would lay off 12,000 employees or around 6% of its workforce.
Google is not the only technology company cutting back. In the past year, Meta -- the parent company of Facebook -- has slashed more than 20,000 jobs to reassure investors. Meta’s stock price gained about 178% in 2023.
Spotify said in December that it was axing 17% of its global workforce, the music streaming service’s third round of layoffs in 2023 as it moved to slash costs and improve its profitability.
Earlier this week, Amazon laid off hundreds of employees in its Prime Video and studios units. It also will lay off about 500 employees who work on its livestreaming platform Twitch.
Amazon has cut thousands of jobs after a hiring surge during the pandemic. In March, Amazon announced that it planned to lay off 9,000 employees, on top of 18,000 employees it said that it would lay off in January 2023.
Google is currently locked in a fierce rivalry with Microsoft as both firms strive to lead in the artificial intelligence domain.
Microsoft has stepped up its artificial intelligence offerings to rival Google’s. In September introduced a Copilot feature that incorporates artificial intelligence into products like search engine Bing, browser Edge as well as Windows for its corporate customers.
veryGood! (72827)
Related
- 2 killed, 3 injured in shooting at makeshift club in Houston
- As mystery respiratory illness spreads in dogs, is it safe to board your pet this holiday season?
- Beloved California doughnut shop owner reflects on childhood in Japanese internment camp
- The Eagles-49ers feud is about to be reignited. What led to beef between NFC powers?
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Kim’s sister rejects US offer of dialogue with North Korea and vows more satellite launches
- Ohio police review finds 8 officers acted reasonably in shooting death of Jayland Walker
- Massive iceberg is 'on the move' near Antarctica after sitting still for decades
- Meet first time Grammy nominee Charley Crockett
- Mississippi GOP challenges election night court order that kept polls open during ballot shortage
Ranking
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Coal-producing West Virginia is converting an entire school system to solar power
- U.S. moves to protect wolverines as climate change melts their mountain refuges
- Suicide deaths reached record high in 2022, but decreased for kids and young adults, CDC data shows
- Intellectuals vs. The Internet
- Jason Kelce's Wife Kylie Reveals What It's Really Like Marrying into His and Travis Kelce's Family
- Sewage spill closes 2-mile stretch of coastline at Southern California’s Laguna Beach
- Kyle Richards' Sisters Kim and Kathy Gush Over Mauricio Umansky Amid Their Separation
Recommendation
DoorDash steps up driver ID checks after traffic safety complaints
Video of rich kid beating parking guard outrages Mexico, already plagued by class divisions
Vivek Ramaswamy's political director leaving to join Trump campaign
Texas man sentenced 2 years in prison for threatening Georgia election workers after 2020 election
Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
Iconic Christmas tree at Rockefeller Center to be illuminated
A six-planet solar system in perfect synchrony has been found in the Milky Way
New York City subway worker dragged under train and killed near Herald Square station