Tag: Google firing

Factbox-The sun never sets on Google’s antitrust woes
27Jan By adminNo Comments
Technology

Factbox-The sun never sets on Google’s antitrust woes

[ad_1] Alphabet Inc's Google, whose clout in search, the Android smartphone operating system and online advertising upended those markets, faces antitrust fights in the United States, Europe and India. Alphabet Inc's Google, whose clout in search, the Android smartphone operating system and online advertising upended those markets, faces antitrust fights in the United States, Europe and India.The following are some of the antitrust battles Google is fighting globally: INDIA: Google lost a big fight in India in mid-January when the Supreme Court refused to block an order from the Competition Commission of India which required Google to remove restrictions from its popular Android smartphone operating system. The order, for example, requires Google to allow users to delete apps like its...
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Google says U.S. Justice Department complaint is ‘without merit’
26Jan By adminNo Comments
Technology

Google says U.S. Justice Department complaint is ‘without merit’

[ad_1] Google said on Wednesday it believes the complaint from the U.S. Department of Justice accusing the company of abusing its dominance in digital advertising is "without merit". Alphabet Inc's Google said on Wednesday it believes the complaint from the U.S. Department of Justice accusing the company of abusing its dominance in digital advertising is "without merit". The company also added it will "defend itself vigorously". The government on Tuesday said Google should be forced to sell its ad manager suite, tackling a business that generated about 12% of Google's revenue in 2021 while also playing a vital role in the search engine and cloud company's overall sales. Google, which depends on its advertising business for about 80% of its revenue, said the government was "doub...
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Google’s Pichai Tells Staff Cuts Avoided ‘Much Worse’ Problems
24Jan By adminNo Comments
Technology

Google’s Pichai Tells Staff Cuts Avoided ‘Much Worse’ Problems

[ad_1] Google’s chief executive officer told employees that cuts were made in a bid to act decisively as the company’s growth slowed. Google's chief executive officer told employees that cuts were made in a bid to act decisively as the company's growth slowed. In an internal meeting, Sundar Pichai, who is CEO of Google parent Alphabet Inc., said he had consulted with the company's founders and board in making the decision for 6% cuts, according to remarks reviewed by Bloomberg. “If you don't act clearly and decisively and early, we can compound the problem and make it much worse,” Pichai said. “These are decisions I needed to make.” Google said on Friday that it would cut about 12,000 jobs, becoming the latest tech giant to retrench after years of abundant growth and hiring. ...
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Google Slashes Most Jobs at Area 120 Incubator as Part of Cuts
24Jan By adminNo Comments
Technology

Google Slashes Most Jobs at Area 120 Incubator as Part of Cuts

[ad_1] Alphabet Inc.’s Google has cut most of the jobs at Area 120, its in-house incubator for new projects, as part of a broad wave of layoffs across the company. Alphabet Inc.'s Google has cut most of the jobs at Area 120, its in-house incubator for new projects, as part of a broad wave of layoffs across the company. Three projects in the incubator will “graduate” later this year, meaning they will be folded into Google, a company spokesperson said Friday. “We have made the difficult decision to wind down the majority of the Area 120 team,” the spokesperson said. The managing partner of Area 120 remains with the company, the spokesperson said. Virtually all other workers who weren't involved in the three projects have lost their jobs, according to two people with knowledge of...
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Google Cuts Add to Tech Wipeout That’s Claimed Over 100,000 Jobs
22Jan By adminNo Comments
Technology

Google Cuts Add to Tech Wipeout That’s Claimed Over 100,000 Jobs

[ad_1] Alphabet Inc.'s plan to reduce headcount by more than 6% — about 12,000 roles — is adding to mass job cuts that are accelerating at technology companies around the world.The tech sector announced 97,171 job cuts in 2022, up 649% compared to the previous year, according to consulting firm Challenger, Gray & Christmas Inc. Disclosures about cuts at Google's parent company, Microsoft Corp., and Amazon.com Inc. have added another 30,000 positions in January.Big tech companies like these benefitted from a boom in e-commerce spending and remote work that kicked off during the Covid-19 pandemic lockdowns in 2020. Now, many of these businesses are reporting disappointing growth rates and dealing with sagging share prices as customer behavior returns to normal. Their leaders are sayi...
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