Index Investing News
Saturday, May 9, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Google layoffs expected in Tel Aviv and Haifa

by Index Investing News
January 15, 2024
in Financial
Reading Time: 2 mins read
A A
0
Home Financial
Share on FacebookShare on Twitter

Implementation of the latest round of layoffs at Google began in the US at the end of last week. “The New York Times” and “The Verge” reported that at least 1,000 employees from various departments, including engineering and hardware, were dismissed. The layoffs affected the teams responsible for hardware products such as the Fitbit fitness smartwatch, Pixel devices for Google smartphones, and the personal assistant, in which Google is discontinuing some features and content.

This follows reports last week about the layoffs of thousands from Google’s advertising departments. As at the start of 2023, cut 12,000 jobs, 6% of its workforce, Google is also beginning the current year with far-reaching changes – this time to allocate more resources to AI development as part of the fierce competition between the tech giants for generative AI products.

Layoffs expected at Waze

A source close to the matter has told “Globes” that Google has distributed a list of layoffs for the Europe, Middle East and Africa (EMEA) region, as part of its cuts plan. The layoffs include the search departments, the company’s core product (in Israel, most of the employees in this field are in Haifa); the data security and privacy products department, including the engineering divisions and the advertising and marketing department; and the maps division, in which Israel’s Waze is also active, has been marked as one to be hit by cuts in the EMEA region. Last summer, Waze was made part of the maps division and its independent advertising system was canceled and merged with the Google Maps advertising system. The division has undergone upheavals over the past year, which included the departure of Waze’s CEO.

Most of Google’s activities in this region are in Dublin, Zurich, London, Wroclaw, Munich, Tel Aviv and Haifa. The latest layoffs have not yet reached Israel and none of the company’s 2,000 employees in Tel Aviv and Haifa have been summoned to a dismissal hearing.

Google’s spokesperson said: “As we have previously stated, we are investing responsibly in the company’s key priorities and in the significant opportunities before us. To best prepare ourselves for the move, in the second half of 2023, a number of our teams have been streamlined to work better and align resources with the key priorities of their product. Some teams continue to make such organizational changes, which include a number of job cuts around the world. Any proposed organizational change is subject to local processes and regulation. We continue to support all affected employees as they search for new roles within and outside of Google.”

Published by Globes, Israel business news – en.globes.co.il – on January 14, 2024.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2024.




Source link

Tags: AvivexpectedGoogleHaifalayoffsTel
ShareTweetShareShare
Previous Post

S&P 500: Conditions For A Top – Week Starting 15th January (Technical Analysis) (SP500)

Next Post

JPMorgan Chase sees 8% increase in expenses in ’24 on expansion, inflation, tech (JPM)

Related Posts

Dabur India net up 16% at ₹362 crore in March quarter, revenue up 7.3%

Dabur India net up 16% at ₹362 crore in March quarter, revenue up 7.3%

by Index Investing News
May 7, 2026
0

Mohit Malhotra, Global CEO, Dabur India Dabur India posted a consolidated net profit of ₹362 crore in the March quarter,...

A .5 Billion Contract Isn’t Enough Without Profits

A $7.5 Billion Contract Isn’t Enough Without Profits

by Index Investing News
May 3, 2026
0

Quick Read Jim Cramer said no to Applied Digital (APLD) despite its $7.5 billion CoreWeave contract, arguing the company is...

US stocks today: Fed chief nominee Warsh clears key confirmation hurdle in Senate

US stocks today: Fed chief nominee Warsh clears key confirmation hurdle in Senate

by Index Investing News
April 29, 2026
0

Kevin Warsh, U.S. President Donald Trump's pick to lead the Federal Reserve, cleared a key procedural hurdle on Wednesday, opening...

Iran says it won’t accept ’maximalist demands’ as Islamabad hosts peace push By Reuters

Iran says it won’t accept ’maximalist demands’ as Islamabad hosts peace push By Reuters

by Index Investing News
April 25, 2026
0

By Saad Sayeed, Ariba Shahid and Steve Holland ISLAMABAD/WASHINGTON, April 25 (Reuters) - Iranian Foreign Minister Abbas Araqchi laid out...

Scientists are burning homes to protect them in wildfires: ‘We crash test houses’

Scientists are burning homes to protect them in wildfires: ‘We crash test houses’

by Index Investing News
April 21, 2026
0

It took less than three minutes for wind-whipped flames to go from licking the side of the house to shattering a window...

Next Post
JPMorgan Chase sees 8% increase in expenses in ’24 on expansion, inflation, tech (JPM)

JPMorgan Chase sees 8% increase in expenses in '24 on expansion, inflation, tech (JPM)

People of Taiwan don’t want war with Beijing – so why did they elect a pro-independence ‘president’? — RT World News

People of Taiwan don’t want war with Beijing – so why did they elect a pro-independence ‘president’? — RT World News

RECOMMENDED

Italy’s Giorgia Meloni pledges ‘relaunch’ of ties with China

Italy’s Giorgia Meloni pledges ‘relaunch’ of ties with China

July 28, 2024
Find out how to Market Your Rental Property (8 Ideas for Landlords)

Find out how to Market Your Rental Property (8 Ideas for Landlords)

August 17, 2024
Robinhood Inventory Falls After Goldman Sachs Downgrade to Promote on Earnings Danger, Fading Retail Engagement By Investing.com

Robinhood Inventory Falls After Goldman Sachs Downgrade to Promote on Earnings Danger, Fading Retail Engagement By Investing.com

April 8, 2022
Nets HC Nash rips into team after fourth-straight loss

Nets HC Nash rips into team after fourth-straight loss

October 30, 2022
Top Ripple Lawyer Challenges SEC’s ‘Shock and Awe’ Strategy By U.Today

Top Ripple Lawyer Challenges SEC’s ‘Shock and Awe’ Strategy By U.Today

June 9, 2023
Israel-Gaza war ‘devastating’ Palestine economy, UN warns | Israel-Palestine conflict News

Israel-Gaza war ‘devastating’ Palestine economy, UN warns | Israel-Palestine conflict News

November 10, 2023
Is Xi Jinping’s G20 summit pass a ‘missed opportunity’ or a sign of things to come?

Is Xi Jinping’s G20 summit pass a ‘missed opportunity’ or a sign of things to come?

September 9, 2023
When Is the Final Supermoon of 2024? Every thing About Beaver Moon – Hollywood Life

When Is the Final Supermoon of 2024? Every thing About Beaver Moon – Hollywood Life

November 18, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In