Eduardo Cano’s Post

Proof positive that even the most powerful and profitable companies - A Silicon Valley giant, no less, has to let employees go from time to time. It can happen to any company, any employee. It's examples like these that inspired 'Lay Off, I'm Laid Off', a Life Coaching program to set valued employees up to land their next opportunity as a value add and for participants to deal with the complex emotions via a Growth Mindset and other CBT Therapy Techniques, and plot the logistics of the layoff, while maximizing their job search. Lead the charge for showing a commitment to valued employees with a free program they can leverage to THRIVE this tough time - Learn more HERE: https://lnkd.in/ei2z42wa

As we hear more and more these stories of layoffs whether because of budget cuts or AI, I want to remind everyone of the importance of always developing additional skills. Leverage your 9-5 and always be working on an additional set of skills to improve yourself. #skillspaythebills #sidehustlesarething #alwaysbeimproving

Google cuts jobs in AI push According to an internal memo reported by CNBC, #Google is restructuring its finance team, which involves #layoffs and #relocations. The job cuts will affect employees in the U.S. and abroad, although the exact number of job cuts was not disclosed. In addition, Google will establish "hubs" for more centralized operations in #India, #Mexico, #Ireland, #Atlanta, and #Chicago. This is the latest in a series of #Googlelayoffs, as the company has been experiencing a slowdown in advertising growth and is focusing more on investments in #artificialintelligence. Business Insider also reported that the layoffs affected employees in the company's real estate department. Although a Google spokesperson confirmed the news, no further details were provided. #alphabet #ai

According to reports, Google is restructuring its main teams and moving some jobs from the US to India and Mexico. #newsfeed #newsflash #newshighlights #newsheadlines #google #googlenews #businessnews #business #businessupdate #businessupdates

Is Google going to dominate the AI space? Recent results show likely upside, but also downside potential. What's happening: 1) Google's earnings seem to be growing unexpectedly faster 2) Staff morale seems to be declining (multiple reasons voiced, bonuses not growing with earnings, continued layoffs) 3) At the same time, continued investment in priority growth areas including AI What do you think? Is Google's direction the right one? #Google #innovation #AI https://lnkd.in/dzFcNAMG

Google Cuts 200+ Core Tech Jobs, Shifts Roles to India & Mexico. Google has declared its intention to terminate the employment of several hundred ‘Core’ employees. The technology behemoth is preparing to lay off at least 200 workers, with many positions relocated to India and Mexico.  The core team is the collective responsible for the […] #Business #business #Google

Google leadership did it ever occur to you that the US is your best market, you sell AdWords, YouTube Ads & YouTube TV to tons of US small-medium businesses/workers, and We the People need jobs to pay for Google AdWords, YouTube Ads, YouTube TV, YouTube Premium and all your other services right? I mean seriously this is the fifth consecutive year of mass layoffs and you're making BILLIONS. Can someone please explain to your senior leadership that is it morally and ethically wrong to keep destroying American jobs? Can't you see what's happening to every-day working class Americans? The entire middle class of hard-working professionals is being gutted thanks to continued mass corporate layoffs since 2019. Are you really this far out of touch with reality in America that you do not see the value of keeping/growing American jobs? Simply put, every $100 your US employees earn here circulates over and over in America prospering servers, bartenders, mechanics, doctors, dentists, grocers, drug stores workers, liquor store workers, gas stations clerks, school teachers, etc. building a wealthy and prosperous American workforce/economy. Every dollar sent to foreign shores never comes back and reduces the trickle down wealth effect for Americans/the US economy. I'm a big Google supporter, my resumes and LI profiles have helped professionals get hired at Google/YT dozens of times. However, I have worked crazy hours for the last five consecutive years helping professionals laid off by big corporations (2019 - present) secure new employment. How can you be oblivious to the plight of American workers (a very productive workforce) who need secure employment to provide for their families/survive? Haven't you seen the large homeless populations in CA on the news? Please have a heart. These repeated layoffs are unethical, immoral, hurtful to the US economy, and they are devasting the financial security of too many working professionals, most of whom have families to support. PLEASE RECONSIDER THESE LAYOFFS, THINK ABOUT WHAT'S BEST FOR THE UNITED STATES OF AMERICA, the economy, and hard-working Americans... Your shareholders. WHY NOT GROW YOUR BUSINESS INSTEAD? Yes, we know you're making billions and billions annually and AI will create trillions in revenue annually. Since I am working with professionals every day, I can tell you the boots on the ground truth you clearly do not see, ~ 50% of all Americans are living paycheck to paycheck. 😎😎😎 Why not focus your world class leadership on growth and developing new products/services to help Americans like Elon Musk does? 😎😎😎 Please do the right thing. Thank you.😎😎😎 God bless America!😎😎😎

Wait ..wait,,, isn’t this the CEO that wants all remote domestic workers back in the office, but ok with laying off 200 engineers domestically and replace them with ones 10k miles away with different time zone? It was never about team building, just executives getting paid. Hypocrisy at its worse. You know Congress should tie government contracts to local hiring & layoffs. if you shut down domestic employment groups and outsource the jobs you should Lose your government contracts, shift those dollars to small businesses who hire locally. Let’s start a movement!!

""Google employees grill Sundar Pichai and CFO Ruth Porat on why they’re not getting pay rises amid blowout earnings"" This is not just true for Google this year. I think this will be a norm across most companies. The recent very strong business performance will not directly reflect on salary increases. "Google is looking pretty good to outside investors. In the first quarter of 2024 revenue was up 15% year-over-year and operating margins ballooned to 32% from 25%." What Pichai and Porat mention here is pretty much true for all tech companies. Precisely two years ago expenses had way surpassed revenue and companies were chasing growth for a different economic reality than today. Naturally given today's reality organisations will focus on increasing operating margins and pushing up shareholder value. No one will intentionally want to increase staff cost. Check article in Link!

Inside the career rise of Sundar Pichai, Google and Alphabet's current CEO Meet Sundar Pichai, the man leading Google and Alphabet as CEO, who is seeking to turn the search giant into an "AI-first" company. Read mode on following blog post!