11:01 AM EDT, 06/23/2025 (MT Newswires) -- Alphabet's (GOOG, GOOGL) Google ( GOOG ) reduced its Google TV and Android TV budget by 10% and trimmed staff, The Information reported Monday, citing people familiar with the matter.

The division's annual budget was trimmed to under $500 million, and job cuts may affect up to a quarter of the 300-person team, the report said.

The team may still expand globally, including in India, and staff may top 300 through hiring in other regions, one person said, according to the report.

"We continue to invest in Google TV with new user experiences, including the upcoming integration of Gemini," a Google ( GOOG ) spokesperson said, referring to the company's AI personal assistant.

Google ( GOOG ) didn't immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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