Google layoffs 2025: Another shocking news has come from the world of tech. Google has laid off hundreds of employees from its Platforms and Devices division. This is the same team that works on major products like Android software, Pixel smartphones and Chrome browser. Interestingly, just a few months before these layoffs, the employees of this division were also offered a voluntary retirement package.



Why did Google layoff?



According to a report, a Google spokesperson has confirmed that after the merger of the platform and device teams last year, the company is working to operate with more efficiency and speed. Under this process, some mandatory layoffs have also been carried out. However, the exact number of employees who have been fired has not been disclosed.



This strategy of Google is part of a larger plan to simplify operations and reduce expenses. This decision has come at a time when global companies like Amazon, Intel, Goldman Sachs are also cutting jobs amid the growing impact of AI and global economic uncertainties.



Amazon will also lay off 14000 positions.



According to reports, Amazon is preparing to cut about 14,000 managerial positions so that it can save $3 billion annually. At the same time, Intel is planning a major restructuring after heavy losses in 2024. In the era of rapidly increasing use of AI and automation, companies are now prioritizing cost optimization, due to which jobs are being affected in various sectors.



Goldman Sachs will lay off up to 5 percent



Goldman Sachs is also planning to cut the number of employees by 3 to 5 percent after its annual performance review. At the same time, Bank of America has recently eliminated 150 junior banker positions, although many of these employees have been given roles outside investment banking.



Disclaimer: This content has been sourced and edited from Zee Business. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.

Read more
Prince Harry accuses John Travolta of 'dining out' on Princess Diana story
Newspoint
Reliance Retail Q4: Digital & New Commerce Business Account For 18% Of Revenue
Newspoint
Thane School Demands ₹10K Annual 'Facility Fee' For Digital Boards; Parents Allege Coercion And Lack Of Transparency
Newspoint
Paresh Rawal Is In Awe Of Nana Patekar's Fearlessness, Recalls He Made A Producer Wash Dishes
Newspoint
Bhopal: BMC Faces Fraud Allegations Over ₹43 Lakh In New Building Project
Newspoint
Bhopal: One More Held In Rape, Blackmailing Case; Prime Accused On Police Remand
Newspoint
Pahalgam Terror Attack: Maharashtra CM Devendra Fadnavis Orders Crackdown On Overstaying Pakistani Nationals After Visa Cancellation; VIDEO
Newspoint
Will Joe Biden attend Pope Francis' funeral?
Newspoint
Madhuri Dixit's Husband, Dr. Sriram Nene Talks About Accidental Fame That He Got After Marriage
Newspoint
Kerala Health Minister seeks report on why she was not invited to cathlab inauguration
Newspoint