Google announces job cuts in finance division
Google announced that it would be making some major structural changes to the company, and the adjustments will cut various jobs in the United States. The company is planning on creating growth hubs in Ireland, India, and Mexico, and the company will be scaling back on its American finance division. The cuts are targeted at workers in the treasury, business operations, and revenue cash operations departments. Certain positions will also be moved to different US offices, while other positions will shift to international Google offices. Google stated that the structural changes will allow the company to be in the best position for future opportunities, and will increase efficiency and reduce redundancies. The layoffs will help Google to cut back on the layers and bureaucracy in the company. Google has already conducted layoffs in other divisions this year, including the advertising sales team, as well as the Pixel, Fitbit, and Nest teams.
See "Google announces job cuts in finance division", Ariel Zilber, New York Post, April 17, 2024