GOOGLE CEO SAYS MORE JOB CUTS ARE NEEDED IN 2024 IN ORDER TO REACH ‘AMBITIOUS GOALS’
Google CEO Sundar Pichai has warned employees that more job cuts are coming this year. The company leadership is preparing its AI goals for the year and will publish its 2024 objectives and key results this week. Pichai says that the layoffs won't be at the scale of last year's reductions and will not touch every team. Alphabet shares jumped 55% last year and its revenue in the third quarter returned to double-digit growth alongside a rebound in the digital ad market.