Close Menu
Finance Pro
  • Home
  • Art Gallery
  • Art Investment
  • Art Stocks
  • Cryptocurrency
  • Finance
  • Investing in Art
  • Investments
Facebook X (Twitter) Instagram
Trending
  • AP’s Tourism Receives Major Boost With ₹12,000 Crore Investments
  • Fraudsters convince victim to put $15,000 into cryptocurrency ATM: Westlake Police Blotter
  • Clacton Arts Centre gallery to celebrate first anniversary
  • Alibaba AI investments start to yield tangible returns for cloud business
  • Tamil Nadu CM Stalin embarks on trip to Germany, UK to attract investments | Latest News India
  • Real Estate for Cryptocurrency in 2025: Where and how to buy
  • MoU inked for investments in decarbonising technologies | Latest News India
  • Why Is Volatility In Cryptocurrency So Unpredictable?
  • Privacy Policy
  • Terms and Conditions
  • Get In Touch
Finance ProFinance Pro
  • Home
  • Art Gallery
  • Art Investment
  • Art Stocks
  • Cryptocurrency
  • Finance
  • Investing in Art
  • Investments
Finance Pro
Home»Finance»Google to expand Dublin headquarters as ‘hub’ for global finance team
Finance

Google to expand Dublin headquarters as ‘hub’ for global finance team

April 23, 20243 Mins Read


The memo from Ruth Porat, which revealed there will be lay-offs and relocations and which was sent to employees in Google’s finance division, was obtained by CNBC, the American business news channel.

It indicated that as the social-media platform reorganises its operations in response to AI, Ireland will be one of a small number of “growth hubs”, along with India and Mexico, to which jobs will be relocated.

“The tech sector is in the midst of a tremendous platform shift with Al,” Ms Porat, the chief financial officer for Alphabet, said in the memo. “As a company, this means we have the opportunity to make more helpful products for billions of users and provide faster solutions to our customers, but it also means we collectively have to make tough decisions, including how and where we work to align with our highest priority areas.”

Ms Porat indicated that Alphabet, Google’s parent company, would create “hubs” for more centralised operations, including in Atlanta and Chicago, as well as Bangalore, Mexico city and Dublin.

“Over the past year, we have talked about creating hubs of [finance employees] around the world that are vibrant and have a strong culture,” she said. “This strategy will help us be a more efficient organisation and enable us to run 24 hours a day while respecting [employees’] work times.”

The chief financial officer ended the memo by saying: “We are sad to say goodbye to some talented teammates and friends we care about, and we know this change is difficult.”

Sundar Pichai, the CEO of Alphabet, told employees last January that more job cuts were likely in 2024, as the company reassigns resources to allow more investment in AI technology and because the growth in advertising revenue has stalled.

Google CEO Sundar Pichai. Photo: Steve Humphreys

Google CEO Sundar Pichai. Photo: Steve Humphreys

Last year Google cut about 12,000 jobs globally, with the areas most affected including engineering and hardware. About 200 of the job losses were in Ireland, where roles in sales and technology were also affected. The company employs about 5,000 people here.

David Sneddon, the vice president of Google based in Dublin, has described the job cuts in Ireland as “minimal” and said the company expected that would continue to be the case.

A spokeswoman for Google Ireland said: “We’re responsibly investing in our company’s biggest priorities and the significant opportunities ahead. To best position us for these opportunities, throughout the second half of 2023 and into 2024, a number of our teams made changes to become more efficient and work better, remove layers and align their resources to their biggest product priorities.

“Through this, we’re simplifying our structures to give employees more opportunity to work on our most innovative and important advances and our biggest company priorities, while reducing bureaucracy and layers.”



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ex-WH Smith finance boss delays Greggs board appointment amid accounting probe

August 28, 2025 Finance

Finance Minister Nirmala Sitharaman reassures exporters, extends full support amid US tariff shock

August 28, 2025 Finance

The Economist’s finance and economics internship

August 27, 2025 Finance

Blended finance, carbon markets key to lower decarbonisation costs in emerging markets: Piyush Gupta

August 26, 2025 Finance

What Is an Underwriter in Finance? Roles & Types Explained

August 25, 2025 Finance

Major IT issues hit finance officials in hours before last year’s budget – The Irish Times

August 25, 2025 Finance
Add A Comment
Leave A Reply Cancel Reply

Don't Miss

AP’s Tourism Receives Major Boost With ₹12,000 Crore Investments

August 30, 2025 Investments 2 Mins Read

VISAKHAPATNAM: Tourism sector in Andhra Pradesh has received investments worth ₹12,000 crore as part of…

Fraudsters convince victim to put $15,000 into cryptocurrency ATM: Westlake Police Blotter

August 30, 2025

Clacton Arts Centre gallery to celebrate first anniversary

August 30, 2025

Alibaba AI investments start to yield tangible returns for cloud business

August 30, 2025
Our Picks

AP’s Tourism Receives Major Boost With ₹12,000 Crore Investments

August 30, 2025

Fraudsters convince victim to put $15,000 into cryptocurrency ATM: Westlake Police Blotter

August 30, 2025

Clacton Arts Centre gallery to celebrate first anniversary

August 30, 2025

Alibaba AI investments start to yield tangible returns for cloud business

August 30, 2025
Our Picks

Avalanche (AVAX) holds $24, but experts agree Mutuum Finance (MUTM) is the best Cryptocurrency to buy before 2026

August 29, 2025

Original drawings for National Gallery released including pool plans

August 29, 2025

All On advocates bold renewable energy investments to close Nigeria’s power gap

August 29, 2025
Latest updates

AP’s Tourism Receives Major Boost With ₹12,000 Crore Investments

August 30, 2025

Fraudsters convince victim to put $15,000 into cryptocurrency ATM: Westlake Police Blotter

August 30, 2025

Clacton Arts Centre gallery to celebrate first anniversary

August 30, 2025
Weekly Updates

Liverpool: Walker Art Gallery given Monet and Degas paintings

April 24, 2024

Investment Firm Founder’s Monet Paintings Burned in Fire: Lawsuit

October 4, 2023

US sues Hyundai, Kia finance arm for repossessing service members’ vehicles

May 8, 2024
  • Privacy Policy
  • Terms and Conditions
  • Get In Touch
© 2025 Finance Pro

Type above and press Enter to search. Press Esc to cancel.