TLDR · BIG TECH & STARTUPS
GOOGLE HAS ELIMINATED 35% OF MANAGERS OVERSEEING SMALL TEAMS IN PAST YEAR, EXEC SAYS
Summary from the TLDR newsletter
Google has eliminated more than a third of its managers overseeing small teams in the last year. Many of those managers have stayed with Google as individual contributors. Google eliminated about 6% of its workforce in 2023 and has implemented cuts in various divisions since then. The company has offered buyouts to employees since January and has slowed hiring.