Alphabet Inc.‘s GOOGL GOOG subsidiary Google is implementing new layoffs in its human resources and cloud divisions as part of ongoing cost-cutting efforts while it increases investment in artificial intelligence infrastructure.
What Happened: The company will offer voluntary buyouts to U.S.-based employees in its “People Operations” division starting in March, according to an internal memo from HR chief Fiona Cicconi viewed by CNBC. Mid to senior-level employees may receive…
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https://www.benzinga.com/markets/equities/25/02/44031714/google-implements-layoffs-in-hr-and-cloud-divisions-as-ai-investment-accelerates-report
