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Google scraps minimum wage, benefits rules for suppliers and staffing firms – Prime Time News24



Alphabet-owned Google is shedding an unspecified variety of staff, an organization spokesperson mentioned, marking the newest cuts on the expertise large because it cracks down on prices.

The Google spokesperson mentioned the layoffs usually are not company-wide and that affected staff will have the ability to apply for inner roles, however didn’t specify the variety of staff impacted nor the groups concerned.

A small proportion of the impacted roles will transfer to hubs the corporate is investing in, together with India, Chicago, Atlanta and Dublin.

The layoffs comply with a slew of job cuts throughout Google, and the tech and media business this 12 months, including to fears that layoffs could proceed as corporations grapple with financial uncertainty.

“All through the second half of 2023 and into 2024, quite a few our groups made modifications to turn into extra environment friendly and work higher, take away layers and align their sources to their greatest product priorities,” the spokesperson added.

Staff throughout a number of of Google’ groups in its actual property and finance departments have been affected, based on a Enterprise Insider report on Wednesday. The finance groups affected embrace Google’s treasury, enterprise providers, and income money operations, it added.

Google let go of a whole bunch of employees throughout a number of groups in January together with its engineering, {hardware} and assistant groups as the corporate ramps up funding and builds its synthetic intelligence choices.

Firm CEO Sundar Pichai reportedly instructed staff at the beginning of the 12 months to anticipate extra job cuts.

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