Google Eliminates 200 Jobs, Moves Roles to India And Mexico As Part Of Cost-Trimming Efforts [Yahoo! Finance]
Alphabet Inc. - Class C Capital Stock (GOOG)
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
Check Earnings Report
US:NASDAQ Investor Relations:
abc.xyz/investor
Company Research
Source: Yahoo! Finance
As part of a significant cost-cutting strategy, Alphabet Inc 's Google (NASDAQ: GOOGL ) recently eliminated approximately 200 roles from its core team and relocated some positions to India and Mexico. The tech giant also slashed nearly 50 engineering roles stationed at its California headquarters. According to internal documents obtained by CNBC, Google intends to recruit new staff in India and Mexico to fill these vacated roles. The core team, responsible for the development of Google's main products, supervises technical infrastructure, user security, and global IT operations. The team encompasses departments such as IT, Python development, security, and various engineering sectors. See Also: How To Create And Manage An Event On WhatsApp Asim Husain , Vice President of Google Developer Ecosystem, confirmed the layoffs in an email last week, indicating it as the most significant reduction in his team to date. He stated, "We intend to maintain our current global footprint while
Show less
Read more
Impact Snapshot
Event Time:
GOOG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GOOG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GOOG alerts
High impacting Alphabet Inc. - Class C Capital Stock news events
Weekly update
A roundup of the hottest topics
GOOG
News
- LinkDaddy Backlink Agency: ClickUp Integration for Project Management Announced [Yahoo! Finance]Yahoo! Finance
- Google tests AI to detect scam phone calls. Privacy advocates are terrified. [MSNBC.com]MSNBC.com
- AI Search Startup Adds Veterans of Google, Bing as Advisers [Yahoo! Finance Canada]Yahoo! Finance Canada
- Google layoffs: A timeline of the company's job cuts and restructuring into 2024 [Business Insider]Business Insider
- Google seeks non-jury trial in US ad tech lawsuit, filing says [Yahoo! Finance Canada]Yahoo! Finance Canada
GOOG
Earnings
- 4/25/24 - Beat
GOOG
Sec Filings
- 5/16/24 - Form PX14A6G
- 5/15/24 - Form 4
- 5/15/24 - Form 144
- GOOG's page on the SEC website