Google Lays Off Several Data Scientists Amid Voice Assistant Unit Restructuring
Portfolio Pulse from Benzinga Neuro
Google (NASDAQ:GOOGL) (NASDAQ:GOOG) has laid off several data scientists from its voice assistant team as part of a restructuring plan. The exact number of affected employees is undisclosed, but internal documents suggest up to 20 independent contributors were laid off. Affected staff have been given a 60-day period to find a new role within the company or face termination. Earlier this year, Google commenced a restructuring plan involving the layoff of 12,000 employees and strategic cuts across different divisions.
November 02, 2023 | 4:23 am
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NEGATIVE IMPACT
Google's restructuring and layoffs could potentially impact the company's productivity and innovation in the short term. However, the restructuring could also streamline operations and improve efficiency in the long run.
Layoffs can lead to short-term disruptions in operations and potential negative sentiment among remaining employees, which could impact productivity. However, restructuring is often aimed at improving efficiency and reducing costs, which could benefit the company in the long term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Google's restructuring and layoffs could potentially impact the company's productivity and innovation in the short term. However, the restructuring could also streamline operations and improve efficiency in the long run.
Layoffs can lead to short-term disruptions in operations and potential negative sentiment among remaining employees, which could impact productivity. However, restructuring is often aimed at improving efficiency and reducing costs, which could benefit the company in the long term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100