Market
What strategic move will Google make by December 31, 2025?
2
Resolution / Starting Odds
Partnership with AI company • 25%
Partnership with cloud services company • 25%
Acquisition of a tech startup • 25%
No new partnerships or acquisitions • 25%
Official announcements from Google or credible news outlets
Story
Google to Lay Off 10% of Management Roles, Affecting Hundreds, After Cutting 12,000 Employees in January 2023
Dec 20, 2024, 08:21 AM
Google is set to lay off 10% of its management positions, including mid-level and VP roles, as part of an efficiency initiative announced by CEO Sundar Pichai. This decision follows a broader trend of workforce reductions at the company, which has already cut 6% of its global workforce, equating to approximately 12,000 employees, in January 2023. Over the past two years, Google has reduced its managerial and VP roles by 10%. The latest layoffs are expected to affect hundreds of employees as the company aims to enhance operational efficiency amidst increasing competition from rivals such as OpenAI.
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Similar markets
Other strategic move • 25%
Divestment of a major asset • 25%
Major restructuring • 25%
No major changes • 25%
Google faces legal action for non-compliance • 25%
Google exits certain EU markets • 25%
Google partially complies with DSA • 25%
Google complies fully with DSA • 25%
Amazon increases military collaboration • 25%
Competitors criticize Google • 25%
No significant response • 25%
Other competitive actions • 25%
Comply fully • 25%
Challenge legally • 25%
No response • 25%
Partially comply • 25%
Search Advertising • 25%
Cloud Services • 25%
Quantum Computing • 25%
AI Products • 25%
Both actions • 25%
Data sharing mandate • 25%
Chrome divestment • 25%
No action • 25%
Gemini AI • 25%
Quantum Chip • 25%
Other • 25%
Performance Max • 25%
Accepted without changes • 25%
Other outcome • 25%
Rejected • 25%
Accepted with modifications • 25%