Big search engine Giant Google laid-off employees from its cloud computing group to help the reconstructing efforts at the Alphabet Inc.
As google recent announcement Google laid-off employees “a small no of employees” at its cloud computing departments. The company helps to improve operations at Alphabet Inc. It is the parent company of Google, Alphabet is a collection of companies.
Here all the business units operate independently and it is officially found in 2015. Even they have separate CEO for companies working under Alphabet.
Employees will be Employed At Different Positions
Google said Google laid-off employees, due to reorganization. Google decided to employ the staff at another position within its parent company alphabet. Employee’s new roles are not yet clear, who are affected by company reorganization.
According to Google data, their Google financial result for fourth-quarter sales is $2.6 billion for its cloud business. It shows a 53% growth from the year prior.
Sundar Pichai, CEO of Google
New Opportunities and Strong Base for the continued growth of Alphabet provided by our investment in deep computer science, ambient computing, artificial intelligence, and cloud computing. I’m really happy with our continuous company growth in search and in our latest two growth areas.
YouTube reaches $15 billion annual advertisement revenue and cloud which reach a $10 billion revenue run rate. In 2019, we achieve strong revenue growth at $162 billion. 18% up over the year.
-Sundar Pichai, CEO of Google
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