Google restructures finance team as part of AI shift, CFO tells employees in memo
Publishing timestamp: 2024-04-17 16:20:39
Summary
Google CFO Ruth Porat announced restructuring of finance teams, including layoffs and relocations, to focus on investments in artificial intelligence. The company will be using a "hub" model to locate finance teams in various countries. The restructuring follows a broader effort by Google to rearrange its workforce and resources to accommodate further investment in new technologies such as AI. CEO Sundar Pichai had previously mentioned more job cuts coming in 2024.
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