TLDR · BIG TECH & STARTUPS

GOOGLE HAS ELIMINATED 35% OF MANAGERS OVERSEEING SMALL TEAMS IN PAST YEAR, EXEC SAYS

cnbc.com6 min read

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.