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Market Chatter: Google Lays Off Hundreds of 'Core' Employees
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Market Chatter: Google Lays Off Hundreds of 'Core' Employees
May 1, 2024 11:52 AM

02:38 PM EDT, 05/01/2024 (MT Newswires) -- Alphabet's (GOOG) Google ( GOOG ) is laid off at least 200 workers last week from its "core" organization that includes key teams and engineering talent, CNBC reported Wednesday.

The company will hire some of the corresponding roles in Mexico and India as part of the unit's reorganization, CNBC reported, citing internal documents it viewed.

(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.)

Price: 166.34, Change: +1.70, Percent Change: +1.03

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