Space Industry and Business News
INTERNET SPACE
Google CEO warns of more layoffs
Google CEO warns of more layoffs
by AFP Staff Writers
San Francisco (AFP) Jan 18, 2024

Google CEO Sundar Pichai has warned employees that more layoffs are in store at the search engine giant as it focused on new priorities, including artificial intelligence.

"These role eliminations are not at the scale of last year's reductions, and will not touch every team. But I know it's very difficult to see colleagues and teams impacted," Pichai said in an email to staff seen by AFP on Thursday.

"Many of these changes are already announced, though to be upfront, some teams will continue to make specific resource allocation decisions throughout the year where needed, and some roles may be impacted," he added.

Google laid off around 12,000 people this time last year, about six percent of its workforce, in the face of inflation and rising interest rates.

The company on Tuesday confirmed it is eliminating "a few hundred" positions from its global ad team, amid a push to use AI for efficiency and creativity.

The job cuts to its "large customer" sales team are intended to result in better support for small and medium size businesses advertising on Google's platform, according to the internet giant.

The company on Wednesday also laid off about 100 employees at its YouTube arm, the company confirmed to TechCrunch.

According to the New York Times, the YouTube workers have two months to find new roles within the company before their dismissals take effect.

Since the start of 2024, tech titan Amazon has also cut staff, targeting hundreds of people at its entertainment units Twitch, Prime Video and Amazon MGM Studios.

Since late 2022, US tech giants have culled tens of thousands of staff in an unprecedented layoff spree after over-hiring during the Covid-19 pandemic.

Facebook-owner Meta laid off more than 20,000 workers in the period, in what it called the "Year of Efficiency."

Amazon lost 27,000 workers.

Related Links
Satellite-based Internet technologies

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
INTERNET SPACE
Meta's Sheryl Sandberg to step down from board
San Francisco (AFP) Jan 18, 2024
Meta's former chief operating officer, Sheryl Sandberg, announced that she is leaving the company's board after more than a decade. One of the most influential women in Silicon Valley, Sandberg, 54, will depart the board as the tech juggernaut behind Facebook, WhatsApp and Instagram faces increased regulatory scrutiny. Sandberg said on Wednesday that she would not stand for re-election once her term ends in May, but would serve as an advisor to the company thereafter. "With a heart filled ... read more

INTERNET SPACE
Epic says Apple court fight is 'lost'

US, UK strikes targeted Huthi radar, missile capabilities: defense chief

D-Orbit Secures Record euro 100m in Series C Funding, Advancing Space Logistics and In-Orbit Services

NASA's Cryo Efforts Beyond the Atmosphere

INTERNET SPACE
Lockheed Martin secures $890M SDA contract for advanced missile tracking satellites

Rocket Lab secures $515M contract with Space Development Agency for Tranche 2 constellation

Viasat Secures Major U.S. Air Force Contract for Advanced Tech Integration

HawkEye 360's Pathfinder constellation complete five years of Advanced RF Detection

INTERNET SPACE
INTERNET SPACE
GMV reinforces satellite expertise with new Galileo Operations Center in Madrid

Airbus presents first flight model structure for Galileo Second Generation

Galileo Gen2 satellite production commences at Airbus facility

Galileo Second Generation satellite aces first hardware tests

INTERNET SPACE
Volocopter flying taxi seeks to seduce Paris

France orders 42 new Rafale fighter jets

India finds apparent wreckage from 2016 military plane crash

Sirius Jet: World's First Hydrogen VTOL

INTERNET SPACE
TSMC to launch chipmaking plant in Japan, but US plant to face delays

Taiwan's TSMC to launch Japan chipmaking plant in February

Solid-state qubits: Forget about being clean, embrace mess

Breakthrough in controlling magnetization for spintronics

INTERNET SPACE
NASA's PACE To Investigate Oceans, Atmospheres in Changing Climate

Sidus Marks Key Progress in AI sat tech ahead of LizzieSat-1 launch

L3Harris enhances Canada's ISR capabilities with EO/IR Systems for SkyGuardian

NASA, NOAA Launch NEON Program with SwRI-developed QuickSounder satellite

INTERNET SPACE
A new way to swiftly eliminate micropollutants from water

Senegal's Hann Bay, a paradise turned sewer, awaits clean up

Toxic heavy metal pollution in the Southern Hemisphere over the last 2,000 years

Spain politicians bicker as plastic 'nurdle' spill swamps beaches

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.