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Layoffs planned by Google and Toshiba

18 April 2024

Google is reportedly laying off an unspecified number of employees, according to Reuters, citing a company spokesperson. This marks the latest cuts at the technology giant as it cracks down on costs. The Google spokesperson said the layoffs are not company-wide and that affected employees will be able to apply for internal roles but did not specify the number of employees impacted nor the teams involved.

A small percentage of the impacted roles will move to hubs the company is investing in, including India, Chicago, Atlanta and Dublin. "Throughout the second half of 2023 and into 2024, a number of our teams made changes to become more efficient and work better, remove layers and align their resources to their biggest product priorities," the spokesperson added.

Employees across several of Google' teams in its real estate and finance departments have been affected, according to a Business Insider report on Wednesday. The finance teams affected include Google's treasury, business services, and revenue cash operations, it added. Google's finance chief, Ruth Porat, sent an email to staff saying the restructuring includes expanding growth to Bangalore, Mexico City, and Dublin, according to the Business Insider report.

Google let go of hundreds of workers across multiple teams in January. Company CEO Sundar Pichai reportedly told employees at the start of the year to expect more job cuts.

Toshiba Corp. is considering cutting several thousand jobs in Japan as it seeks to reduce costs and improve its profit structure, reports Nippon. It is not clear if the jobs are permanent or temporary roles. The Japanese electronics and machinery maker said it will accelerate its management rehabilitation as it plans to focus resources on its infrastructure and digital operations, both of which are expected to grow.

Toshiba currently employs about 67,000 people in Japan. It will select divisions for job cuts, such as those that become redundant when the parent company absorbs subsidiaries. The company is expected to begin talks with its labour union soon.