Explorer

Google Undergoes Fresh Job Cuts, Waze Employees Let Go: Report

Google acquired Waze for $1.3 billion back in 2013, and until 2021, it remained independent from Google Maps.

Google's mapping service app, Waze, is reportedly undergoing job cuts as the company aims to streamline operations and increase efficiency in line with a prevailing trend in Silicon Valley. As reported by Reuters, sources indicate that Waze is currently in the process of transitioning its advertising software to Google Ads technology. Consequently, the company is reducing positions that primarily focus on Waze Ads monetisation. In a letter addressed to Waze employees, Chris Phillips, Vice President of Google's Geo unit, hinted at impending job cuts in departments such as sales, marketing, operations, and analytics, though no specific figures were mentioned.

"To enhance the long-term experience for Waze advertisers, we have initiated the transition of Waze's existing advertising system to Google Ads technology. As part of this update, we have downsized positions dedicated to Waze Ads monetisation," Google stated, as reported by Reuters.

Last December, Google announced the integration of Waze into its Google Geo division, alongside other services like Google Maps, Google Earth, and Street View. At the time, the Wall Street Journal noted that this move would end Waze's status as a standalone app, but it also indicated that no layoffs were planned.

Google acquired Waze for $1.3 billion back in 2013, and until 2021, it remained independent from Google Maps, according to the Verge. However, in September of the previous year, Google CEO Sundar Pichai expressed his commitment to improving the company's productivity in response to investor pressures.

In January of this year, Alphabet, Google's parent company, announced its plan to lay off approximately 12,000 employees, equating to about six per cent of its workforce, as reported by Bloomberg. This cost-cutting measure comes in light of declining digital advertising revenue faced by Google.

Overall, Google's decision to restructure and downsize positions at Waze reflects the company's ongoing efforts to optimise operations and adapt to changing market conditions.

Top Headlines

PM Modi Becomes India’s Longest-Serving Head of Govt, Completes 8,931 Days In Office
PM Modi Becomes India’s Longest-Serving Head of Govt, Completes 8,931 Days In Office
Iran-Israel War: Big Relief For India As ‘Pyxis Pioneer’ Ship Arrives With Thousands Of Tonnes Of LPG
Iran-Israel War: Big Relief For India As ‘Pyxis Pioneer’ Ship Arrives With Thousands Of Tonnes Of LPG
'Open Hormuz Or US Will Hit And Obliterate Power Plants': Trump's 48-Hour Ultimatum To Iran
'Open Hormuz Or US Will Hit And Obliterate Power Plants': Trump's 48-Hour Ultimatum To Iran
Iran Strikes Near Israeli Nuclear Research Site, Video Shows Huge Fireball Falling From Sky
Iran Strikes Near Israeli Nuclear Research Site, Video Shows Huge Fireball Falling From Sky

Videos

BREAKING: Iran Strikes Ben Gurion Airport, Escalates Drone & Missile Attacks on Israel
BREAKING: PM Modi Sets Record as India’s Longest-Serving Head of Government
War Update: Trump Issues 48-Hour Ultimatum to Iran Over Hormuz, Threatens Energy Infrastructure Strikes
Breaking: Iran Strikes Southern Israel: Arad, Dimona Hit by Ballistic Missiles; Over 180 Injured
Breaking Update: Iran Strikes Israel’s Dimona Nuclear Site with Ballistic Missiles, Panic Ensues

Photo Gallery

25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Embed widget