Google Lays Off 1,000 Despite Record Profits; Redirects Funds to AI Amid Broader Tech Job Cuts
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Google laid off about 1,000 employees across sales, hardware, and engineering teams despite record $20.7B profit in Q4 2023.
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Layoffs come amid tech's increased investment in AI, with Amazon, Microsoft, Discord also cutting thousands of jobs.
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Remaining employees express anger over layoffs, question rationale given companies' profitability.
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Layoffs disproportionately affect non-technical roles; companies aim to redirect funds into AI talent, compute.
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Google plans more job cuts in 2024 to "simplify execution and drive velocity" as it focuses on AI development.