Google's decision to axe several hundred jobs was swiftly condemned by the Alphabet Workers Union. Reuters
Google's decision to axe several hundred jobs was swiftly condemned by the Alphabet Workers Union. Reuters
Google's decision to axe several hundred jobs was swiftly condemned by the Alphabet Workers Union. Reuters
Google's decision to axe several hundred jobs was swiftly condemned by the Alphabet Workers Union. Reuters

Google lays off hundreds of employees as it continues efforts to optimise costs


Alvin R Cabral
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Google has fired hundreds of employees across its hardware, engineering and digital voice assistant units, triggering speculation about a wider round of job cuts for Silicon Valley technology companies.

The Alphabet-owned company's move – which was swiftly condemned by its workers union – comes as it continues to optimise its operational costs, it said on Thursday.

"We’re responsibly investing in our company's biggest priorities and the significant opportunities ahead," a Google spokesperson told The National.

"To best position us for these opportunities, throughout the second half of 2023, a number of our teams made changes to become more efficient and work better, and to align their resources to their biggest product priorities," the spokesperson said.

"Some teams are continuing to make these kinds of organisational changes, which include some role eliminations globally."

The Alphabet Workers Union reacted to the decision, arguing in a post on X, formerly Twitter, that "the company cannot continue to fire our co-workers while making billions every quarter".

The union accused Alphabet of "needless layoffs" and vowed that it "won't stop fighting until our jobs are safe", the post said.

Those who were fired, however, will be given the opportunity to apply for vacant positions within Google, according to the company.

"We’re continuing to support any impacted employees as they look for new roles at Google and beyond," the spokesperson said.

Employees in the world's biggest search engine company have been jolted since January last year, when its parent Alphabet announced plans to cut about 12,000 jobs, more than 6 per cent of its entire global workforce.

Google's firings follow a round of layoffs from Amazon, the world's biggest e-commerce company.

On Wednesday, the Seattle-based tech giant's live-streaming unit Twitch announced that it was laying off 500 staff – more than a third of its workforce – calling it a "difficult decision" intended to help the company "build a more sustainable business" and help it stay for the "long run".

That was the third round of firings at Twitch within the past year, the last of which was aimed at "rightsizing" the company, chief executive Dan Clancy said.

Also on Wednesday, Amazon said it was letting go of hundreds of employees in its Prime Video and MGM Studios divisions.

Mike Hopkins, who is in charge of the two units, said the decision was made to "prioritise our investments for the long-term success of our business".

"We've identified opportunities to reduce or discontinue investments in certain areas while increasing our investment and focus on content and product initiatives that deliver the most impact," he said in a memo to employees.

Amazon's latest layoffs are latest in the series of job cutting rounds over the past two years. The company has already fired about 27,000 employees since 2022.

Last year, tech companies including Meta, Amazon, Microsoft and Alphabet axed staff after boosting hiring at the height of the Covid-19 pandemic.

Spotify, Twitter, IBM, Lyft, Disney, PayPal, Dell and Yahoo are other major companies to have cut jobs last year.

Overall, companies in the US shed 363,824 jobs in 2022, 13 per cent more than 2021, the technology sector was the leading job-cutting industry in 2022, according to data from Chicago-based global employment company Challenger, Gray & Christmas.

UAE currency: the story behind the money in your pockets
Points to remember
  • Debate the issue, don't attack the person
  • Build the relationship and dialogue by seeking to find common ground
  • Express passion for the issue but be aware of when you're losing control or when there's anger. If there is, pause and take some time out.
  • Listen actively without interrupting
  • Avoid assumptions, seek understanding, ask questions
UAE currency: the story behind the money in your pockets
BULKWHIZ PROFILE

Date started: February 2017

Founders: Amira Rashad (CEO), Yusuf Saber (CTO), Mahmoud Sayedahmed (adviser), Reda Bouraoui (adviser)

Based: Dubai, UAE

Sector: E-commerce 

Size: 50 employees

Funding: approximately $6m

Investors: Beco Capital, Enabling Future and Wain in the UAE; China's MSA Capital; 500 Startups; Faith Capital and Savour Ventures in Kuwait

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

ICC men's cricketer of the year

2004 - Rahul Dravid (IND) ; 2005 - Jacques Kallis (SA) and Andrew Flintoff (ENG); 2006 - Ricky Ponting (AUS); 2007 - Ricky Ponting; 2008 - Shivnarine Chanderpaul (WI); 2009 - Mitchell Johnson (AUS); 2010 - Sachin Tendulkar (IND); 2011 - Jonathan Trott (ENG); 2012 - Kumar Sangakkara (SL); 2013 - Michael Clarke (AUS); 2014 - Mitchell Johnson; 2015 - Steve Smith (AUS); 2016 - Ravichandran Ashwin (IND); 2017 - Virat Kohli (IND); 2018 - Virat Kohli; 2019 - Ben Stokes (ENG); 2021 - Shaheen Afridi

While you're here

Charlotte Gainsbourg

Rest

(Because Music)

The distance learning plan

Spring break will be from March 8 - 19

Public school pupils will undergo distance learning from March 22 - April 2. School hours will be 8.30am to 1.30pm

Staff will be trained in distance learning programmes from March 15 - 19

Teaching hours will be 8am to 2pm during distance learning

Pupils will return to school for normal lessons from April 5

ONCE UPON A TIME IN GAZA

Starring: Nader Abd Alhay, Majd Eid, Ramzi Maqdisi

Directors: Tarzan and Arab Nasser

Rating: 4.5/5

Women%E2%80%99s%20T20%20World%20Cup%20Qualifier
%3Cp%3EFrom%20September%2018-25%2C%20Abu%20Dhabi%0D.%20The%20two%20finalists%20advance%20to%20the%20main%20event%20in%20South%20Africa%20in%20February%202023%0D%3Cbr%3E%20%0D%3Cbr%3EGroup%20A%3A%20United%20States%2C%20Ireland%2C%20Scotland%2C%20Bangladesh%0D%3Cbr%3EGroup%20B%3A%20UAE%2C%20Thailand%2C%20Zimbabwe%2C%20Papua%20New%20Guinea%0D%3Cbr%3E%20%0D%3Cbr%3EUAE%20group%20fixtures%3A%0D%3Cbr%3ESept%2018%2C%203pm%2C%20Zayed%20Cricket%20Stadium%20%E2%80%93%20UAE%20v%20Thailand%0D%3Cbr%3ESept%2019%2C%203pm%2C%20Tolerance%20Oval%20-%20PNG%20v%20UAE%0D%3Cbr%3ESept%2021%2C%207pm%2C%20Tolerance%20Oval%20%E2%80%93%20UAE%20v%20Zimbabwe%0D%3Cbr%3E%20%0D%3Cbr%3EUAE%20squad%3A%20Chaya%20Mughal%20(captain)%2C%20Esha%20Oza%2C%20Kavisha%20Kumari%2C%20Rinitha%20Rajith%2C%20Rithika%20Rajith%2C%20Khushi%20Sharma%2C%20Theertha%20Satish%2C%20Lavanya%20Keny%2C%20Priyanjali%20Jain%2C%20Suraksha%20Kotte%2C%20Natasha%20Cherriath%2C%20Indhuja%20Nandakumar%2C%20Vaishnave%20Mahesh%2C%20Siya%20Gokhale%2C%20Samaira%20Dharnidharka%0D%3C%2Fp%3E%0A
The team

Videographer: Jear Velasquez 

Photography: Romeo Perez 

Fashion director: Sarah Maisey 

Make-up: Gulum Erzincan at Art Factory 

Models: Meti and Clinton at MMG 

Video assistant: Zanong Maget 

Social media: Fatima Al Mahmoud  

COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
Dhadak 2

Director: Shazia Iqbal

Starring: Siddhant Chaturvedi, Triptii Dimri 

Rating: 1/5

Updated: January 11, 2024, 10:14 AM