To compete with the ever-evolving market dynamics, the tech giant Google has taken the initiative to restructure its managerial structure by cutting 10% of jobs at the levels of manager, director and vice president.
Spearheaded by Indian-origin CEO Sundar Pichai, this move aims to increase the company’s efficiency, with many managers being assigned to the roles of individual contributors.
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With such a significant change, the company will try to take on AI-focussed giants such as OpenAI, who are taking massive strides each hour of the day.
This move follows the company’s earlier decision in 2023 to slash 12,000 jobs to skyrocket productivity and meet current market demands.
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Google is not alone in these actions, as it has become the need of the hour to stay relevant in the market, and is thus being adopted by multiple companies like Meta and Amazon as well.
While people have expressed their frustrations on social media, they have also acknowledged this being the need of the hour.
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One user said, “It’s a tough market; companies need to stay efficient to survive.”
Another commented, “The uncertainty is unsettling, but I understand the need for change.”
With Google taking such massive steps, it will be interesting to see whether they will be able to achieve their ultimate goal.
