Current:Home > MyPoinbank Exchange|Google layoffs continue as tech company eliminates hundreds of jobs in ad sales team -PureWealth Academy
Poinbank Exchange|Google layoffs continue as tech company eliminates hundreds of jobs in ad sales team
SignalHub Quantitative Think Tank Center View
Date:2025-04-09 02:31:10
Google is Poinbank Exchangeeliminating "a few hundred roles" in its advertising sales team, the company confirmed to USA TODAY.
The most recent layoffs in the ad sales division come days after the company cut several hundred jobs within its hardware and central engineering teams, as well as employees who work on Google Assistant.
The company said it is cutting jobs as part of a restructuring effort to better support small and medium businesses. As a result of these changes, the company is expanding the number of customer accounts the team supports and expects to increase hiring in 2024.
"Every year we go through a rigorous process to structure our team to provide the best service to our Ads customers. We map customers to the right specialist teams and sales channels to meet their service needs," a Google spokesperson said in an emailed statement to USA TODAY.
"As part of this, a few hundred roles globally are being eliminated and impacted employees will be able to apply for open roles on the team or elsewhere at Google."
Google layoffs 2024:Hundreds of employees on hardware, engineering teams lose jobs
Google also laying off employees on hardware and central engineering teams
The news of the layoffs comes on the heels of the company last week cutting several hundred jobs within its hardware and central engineering teams, as well as employees who work on Google Assistant, the company's voice-activated software product.
The layoffs also hit the teams that produce Google's Nest, Pixel and Fitbit devices, with many of the cuts affecting the company's augmented reality team.
“As we’ve said, we’re responsibly investing in our company's biggest priorities and the significant opportunities ahead," the company said in a statement last week. "To best position us for these opportunities, throughout the second half of 2023, a number of our teams made changes to become more efficient and work better, and to align their resources to their biggest product priorities."
Google also cut roughly 12,000 jobs in January 2023, reducing the company's workforce by about 6%.
Twitch, other tech companies also dealing with layoffs
Amazon's livestreaming platform, Twitch, also announced earlier last week it would cut 35% of its workforce.
"As you all know, we have worked hard over the last year to run our business as sustainably as possible," wrote Twitch CEO Dan Clancy in a blog post. "Unfortunately, we still have work to do to rightsize our company, and I regret having to share that we are taking the painful step of reducing our headcount by just over 500 people across Twitch."
Amazon is also cutting jobs in its Prime Video and Amazon MGM Studios divisions, while other tech companies, like Discord and Duolingo, have also announced layoffs to start the year.
veryGood! (11)
Related
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Investigation shows armed officer was hostage at home of Grammy winner who was killed by police
- HGTV sells iconic house from 'The Brady Bunch' at a loss for $3.2 million
- Court renews detention of 5 Israelis in Cyprus police custody after U.K. woman accuses them of rape
- Video shows dog chewing cellphone battery pack, igniting fire in Oklahoma home
- Elderly man, 74, pushed onto NYC subway tracks in unprovoked attack: Police
- FDA signs off on updated COVID boosters. Here's what to know about the new vaccine shots for fall 2023.
- Massive San Francisco sinkhole forms after crews fix water main break in 74-year-old pipes
- Rylee Arnold Shares a Long
- USWNT looks to the future while honoring past champions with first games since World Cup
Ranking
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- 5 former Memphis officers indicted by federal grand jury in Tyre Nichols' death
- Bad Bunny talks Kendall Jenner, new music and accusations of queerbaiting
- How umami overcame discrimination and took its place as the 5th taste
- Eva Mendes Shares Message of Gratitude to Olympics for Keeping Her and Ryan Gosling's Kids Private
- Woman nearly gifts ex-father-in-law winning $75,000 scratch off ticket
- Apple event full video: Watch replay of 2023 'Wonderlust' event announcing new iPhone 15
- Georgia Gov. Kemp declares state of emergency over inflation
Recommendation
Southern California rocked by series of earthquakes: Is a bigger one brewing?
Whatever happened to the project to crack the wealthy world's lock on mRNA vaccines?
The key to Peloton instructor Cody Rigsby's success: 'Self-deprecation is my motto'
Cruise ship with 206 people has run aground in northwestern Greenland, no injuries, no damage
Family of explorer who died in the Titan sub implosion seeks $50M-plus in wrongful death lawsuit
Industrial policy, the debate!
Bad Bunny talks Kendall Jenner, new music and accusations of queerbaiting
Updated Ford F-150 gets new grille, other features as Ford shows it off on eve of Detroit auto show