Alphabet-owned Google on Tuesday said it is cutting jobs at mapping app Waze as it merges the app's advertising system with Google Ads technology, without giving details on the number of layoffs.
"In order to create a better, more seamless long-term
experience for Waze advertisers, we've begun transitioning Waze's existing
advertising system to Google Ads technology. As part of this update, we've
reduced those roles focused on Waze Ads monetization," Google, which
acquired Waze for about $1.3 billion in 2013, said.
Google had in December said that it will merge Waze and
Google Maps teams to consolidate processes, making it a part of the Google Geo
division, its portfolio of real-world mapping products that include Google
Maps, Google Earth, and Street View.
The news was first reported by CNBC earlier in the day,
citing an email from Chris Phillips, who leads the Geo division. He said Google
will notify advertisers and partners about the move on Wednesday.
Earlier this year in January, Google parent Alphabet
announced that it will eliminate 12,000 jobs. The cuts marked the latest to
shake the technology sector and came days after rival Microsoft said it would
lay off 10,000 workers.
The job losses affected teams across the company including
recruiting and some corporate functions, as well as some engineering and
products teams.
The news came during a period of economic uncertainty as
well as technological promise, in which Google and Microsoft have been
investing in a fledgling area of software known as generative artificial
intelligence.
Sundar Pichai, Alphabet's CEO, said in the note, "I am
confident about the huge opportunity in front of us thanks to the strength of
our mission, the value of our products and services, and our early investments
in AI."
Earlier this week Google urged India's Supreme Court to
quash antitrust directives against it for abuse of the Android market, two
sources said, as its presses its legal battle against the competition watchdog
in one of its most important markets.
The Competition Commission of India (CCI) said in October
that Google, whose Android mobile operating system powers 97 percent of the 600
million smartphones in India, had exploited its dominant position.
It ordered Google to remove restrictions imposed on device
makers, including those related to the pre-installation of apps, and fined the
US firm $163 million, which it paid.
In March, an Indian tribunal gave partial relief to the
Alphabet unit by setting aside four of the 10 directives in the case. © Reuters
0 comments:
Post a Comment