This batch of quarterly financial results may show that the industry has cleared out its pandemic-era overhiring and reorganised itself around cloud computing and AI - necessitating cuts in sectors with less rosy prospects.
Google has laid off more than a thousand employees across hardware, ad sales, search, shopping, maps, policy, core engineering, Google Assistant and YouTube. The cuts are slight compared to last January, when the Google chief executive, Sundar Pichai, announced a 12,000-worker layoff, but Pichai has warned of more cuts to come.
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