Digital
Leading with purpose creates wins for consumers, community and country: Hina Nagarajan of Diageo India
Google's job cuts continue with latest layoffs in cloud division: Report
In January this year, Google employees from the US and Canada signed an internal petition voicing concerns about the frequent rounds of layoffs
Google has cut staff in its cloud division, report claims.
Search engine giant Google has laid off some of its staff from the cloud division, Bloomberg news agency reported.
The total count of laid-off employees remained undetermined.
In January this year, Google employees from the US and Canada signed an internal petition voicing concerns about the frequent rounds of layoffs. Around 1,250 employees also demanded better severance terms. In the petition, workers were worried about "instability" at Google. They claimed that low-performance reviews, lack of buyouts for existing employees, and uncertain severance terms affected their ability to do "high quality and impactful work".
In December 2024, Google slashed 10 percent of its managerial positions, including directors and vice President to streamline operations in view of growing competition from AI-focused rivals OpenAI.
The search engine giant started cost-cutting in 2022 when CEO Sundar Pichai announced a goal to make the company 20 percent more efficient. The restructuring led to massive layoffs, with 12,000 employees losing jobs in January 2023.
(More details awaited)
SPOTLIGHT
At the Storyboard18 DNPA Conclave 2025, Union Minister Ashwini Vaishnaw spotlighted the critical role of traditional media in an evolving digital landscape. He emphasized that such gatherings can aid the govt in formulating more effective policies for a balanced and sustainable media ecosystem.
Read MoreIN PHOTOS: At Global Pioneers Summit, visionaries chart the future of business and creativity
From the chiefs of Nestle, Diageo, Colgate, PepsiCo, Zetwerk and CRED to AI visionaries, marketing mavens, top creators, ad legends and leading global agencies' CEOs, the brightest minds converged at the Storyboard18 Global Pioneers Summit for an action-packed day of meaningful dialogues on creativity, commerce and culture.