Brief by Shorts91 Newsdesk / 08:13am on 20 Dec 2024,Friday Business
Google CEO Sundar Pichai has announced a 10% reduction in managerial roles, including directors and VPs, as part of efforts to enhance efficiency amid rising AI competition. The decision, revealed during an all-hands meeting, marks another step in Google's restructuring strategy that began in 2022. While some managerial roles transitioned to individual contributor positions, others were eliminated. Google faces mounting challenges from rivals like OpenAI threatening its search market dominance. Over the past two years, Google has streamlined operations, including a massive layoff in 2023 that impacted 12,000 employees globally.
