Google lays off more employees and moves some roles to other countries [Business Insider]
Alphabet Inc. - Class C Capital Stock (GOOG)
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Source: Business Insider
Google has been trimming head count continuously throughout the year. Google is laying off more employees and restructuring some teams. Several teams across Google's finance and real estate units have been affected, according to two current employees, who said staff had been informed of the cuts this week. One said that the affected teams in finance include Google's Treasury, Business Services, and Revenue Cash Operations teams. It's unclear if other parts of the company are affected or how many roles have been cut. One current employee said the changes were "pretty large-scale" and that some roles are being moved abroad. According to a person who saw the email, Google's finance chief Ruth Porat sent an email to staff announcing that Google would build out its "growth hubs" in locations such as Bangalore, Mexico City, and Dublin as part of the restructuring. A Google spokesperson confirmed the cuts but declined to elaborate on the number of affected staff. They said that a
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