Whats up with Google (overto Spartan)

[Moon_Walker]

https://www.cnbc.com/2024/01/11/google-layoffs-hundreds-of-jobs-cut-across-engineering-and-hardware.html

• Google cut several hundred jobs across the company late Wednesday night as it continues to push for efficiency, a spokesperson confirmed.
• The layoffs will impact employees in Google’s central engineering, hardware and Assistant teams.
• The announcement marks the latest cost-cutting effort at Google as it works to rein in the dramatic growth that took place during the pandemic.

@Spartan

[andhra_jp]

London finance job vacancies slumped nearly 40% in 2023, recruiter says

Job opportunities in London's financial sector plummeted nearly 40% last year, recruiter Morgan McKinley said, as market turbulence and high inflation led employers to tighten their belts on costs. Available jobs in finance decreased by 38% in 2023 compared to the prior year, according to the firm's London Employment Monitor, while the number of job seekers also declined 16%.

Several major employers made deep cuts, further souring the jobs market. Barclays (BARC.L) has slashed thousands of jobs, while Swiss rival UBS (UBSG.S) is wielding the axe, including in London, after integrating ailing rival Credit Suisse.

"After a year of strong pay growth and over-hiring driven by a tight labour market, signs of a cooling market emerged as we approached the end of a challenging year," said Hakan Enver, managing director of Morgan McKinley UK.

https://www.reuters.com/world/uk/london-finance-job-vacancies-slumped-nearly-40-2023-recruiter-says-2024-01-15/

[andhra_jp]

Google CEO tells employees to expect more job cuts this year

In an internal memo, Sundar Pichai said recent layoffs are about “removing layers to simplify execution and drive velocity in some areas.

https://www.theverge.com/2024/1/17/24042417/google-layoffs-2024-internal-employee-memo-sundar-pichai