Layoffs may be a cost cutting measure, but in the short term, they can cut the other way. In Alphabet's fourth quarter earnings release, the company revealed that Google spent $2.1 billion on ...

Google’s parent Alphabet Inc. (NASDAQ: GOOGL) posted impressive results in its most recently reported quarter. They were not enough. Alphabet is going through another wave of layoffs ...

Sundar Pichai tells employees to expect more layoffs in 2024 ... departments—from Google Assistant to its Devices and Services groups—as the leader of the $307 billion IT giant told ...

These layoffs will mostly impact Google’s augmented reality division as well as Google’s Nest, Fitbit and Pixel hardware groups. Google acquired Nest in 2014 for $3.2 billion, followed by ...

Pichai suggested that the company "hired for a different economic reality" than the one it faced and that the layoffs were ... time at the helm Google has been hit with billions of dollars ...