Recent cuts at Google have impacted several teams within the company’s finance and real estate units. According to two current employees, staff were informed of the layoffs this week. The affected teams in finance include Google’s Treasury, Business Services, and Revenue Cash Operations teams. It’s unclear if other parts of the company are affected or how many roles have been cut, but one current employee mentioned that some roles are being moved abroad.
Google’s finance chief, Ruth Porat, sent an email to staff announcing that the company would build out its “growth hubs” in locations such as Bangalore, Mexico City, and Dublin as part of the restructuring. A Google spokesperson confirmed the cuts but did not specify the number of affected staff. They mentioned that a small percentage of roles will move to other offices in the US and abroad, including India, Dublin, and Atlanta.
Throughout the second half of 2023 and into 2024, Google has been making changes to become more efficient and align resources with the company’s biggest priorities. The spokesperson stated that impacted employees could apply for open roles within Google. CEO Sundar Pichai had previously warned staff that cuts would continue throughout the year, although not every team would be affected.
As Google continues to reorganize and streamline its operations, it aims to reduce costs and move faster in critical areas such as AI. Other companies under Alphabet, including Verily, have also reduced headcount in recent months. If you are a current or former Google employee with insight to share, you can reach out to this reporter securely on Signal (628-228-1836).