YouTube announced layoffs of around 100 employees this week, joining other major tech companies that have reduced staff recently to cut costs. The cuts at YouTube come less than a week after parent company Google said it was letting go of over 1,000 people across multiple divisions.
YouTube layoffs specifically targeted operations and creator support teams as part of a larger reorganization effort aimed at localizing global teams that work directly with video creators. Previously, employees in one country would often have to report to managers in other regions.
YouTube and Google have both cited slowing revenue growth as a reason behind the cuts. Rising inflation has led to declines in digital advertising spending, impacting Google’s core business. However, tech industry layoffs also reflect companies prioritizing investments in artificial intelligence even as they trim expenses elsewhere.
In a recent note to staff, Google CEO Sundar Pichai said additional layoffs are coming but will not be on the scale of the 2023 cuts that eliminated 12,000 jobs. He assured employees that future reductions would be smaller.
Tech sector has seen major players like Amazon, Salesforce, Meta, and Twitter enact large-scale job cuts amid economic uncertainty. While not as substantial, the latest round of layoffs at YouTube indicates that even relatively resilient technology companies are responding with workforce reductions.
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