Google extended buyout offers to more employees this week, marking the latest move by Big Tech firms to lower headcounts. It may not be the last, as companies face pressure to reduce spending amid an uncertain economic environment, while also investing in AI infrastructure.
Google has extended its voluntary exit program with severance to U.S.-based employees in more of its teams. [contact-form-7] The program was made available Tuesday (June 10) to the company's Core (central engineering), Marketing, Research, Knowledge & Information (K&I; Search, Ads, Geo and Commerce) and Communications teams, Google told PYMNTS Wednesday (June 11).
Google on Wednesday added a Chief AI Architect to its leadership ranks as the company continues to prioritize artificial intelligence and add the technology to more of its products. The company tapped Koray Kavukcuoglu, Google DeepMind's chief technology officer, for the new senior vice president position, the company confirmed Wednesday.
Internet Content & Information Industry | Communication Services Sector | Mr. Sundar Pichai CEO | XMUN Exchange | - Cusip |
US Country | 185,719 Employees | 10 Mar 2025 Last Dividend | 18 Jul 2022 Last Split | 3 Apr 2014 IPO Date |
Alphabet Inc., the parent company of Google, operates on a global scale, extending its services across the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. Founded in 1998 and headquartered in Mountain View, California, Alphabet conducts its business through three primary segments: Google Services, Google Cloud, and Other Bets. The company's vast array of products and platforms is geared towards enhancing digital experiences for users worldwide, leveraging technology and innovation to remain at the forefront of the digital economy.
Google Services: This segment is the powerhouse behind Alphabet's diverse product offerings, including:
Google Cloud: This segment provides a plethora of cloud-based solutions including:
Other Bets: Alphabet's segment for ventures beyond its main internet services, focusing on sectors such as healthcare and providing specialized internet services.