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 ...

CEO Sundar Pichai indicated that further layoffs were anticipated through 2024. Google spent $1.8 billion in 2023 related to cutting its real estate obligations, as remote work lessened its need ...

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 ...

Google, which spent $2.1 billion on severance and other expenses as it laid off more than 12,000 employees last year, will spend another $700 million on employee severance charges for the first ...

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 ...