Google Cloud Shakes Up: AI Takes Flight as Jobs Take a Hit

Google's cloud business has made a strategic reduction in force, impacting fewer than 100 sales employees. The action, as part of a larger restructuring initiative, is intended to shift resources toward artificial intelligence projects and core business. The reductions follow slower cloud growth and the failure to meet revenue expectations earlier this month. These reductions notwithstanding, Google Cloud is still a priority area for Alphabet to invest in, with CFO Anat Ashkenazi forecasting headcount expansion in AI and cloud in 2025. This restructuring mirrors the technology sector's wider pattern of streamlining workforces while investing significantly in AI technologies to remain competitive and fuel future growth.

 

Sources: Bloomberg, Business Standard, Yahoo Finance