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Google posts $307 billion revenue in 2023, spent billions of dollars to lay people off

At this point in the quarter, the company estimates that severance-related expenses will be roughly $700 million in the first quarter “as we’ve continued these efforts”.

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Google says it spent $2.1 billion on layoffs last year

Google spent $2.1 billion on severance packages and associated costs as it laid off around 12,000 employees last year despite recording growth in most core businesses like search and advertising. ....

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Google likely to cut hundreds of jobs in advertising sales unit. Details here

Search giant Google is planning to lay off several hundred” of employees in its advertising sales unit, a report said citing an internal memo ....

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Google Lays Off Hundreds, Continues "Role Eliminations" To Cut Costs

Alphabet Inc.'s Google is laying off hundreds of staff working on its digital assistant, hardware and engineering teams, the company said as it continues its drive to cut costs. ....

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'Hardest thing I've ever had to write': Laid-off Google employee shares heartfelt note in viral LinkedIn post

Google is reportedly laying off hundreds of employees from its global recruiting team. One affected employee, Vanessa DeCollibus, shared a heartfelt note on LinkedIn expressing her gratitude to Google for the opportunity and her determination to find a new path. She appealed to the LinkedIn community for any job opportunities, stating her willingness to relocate anywhere in the US. ....

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