Alphabet's parent company has conducted another round of layoffs for one of its subsidiaries. After two rounds of layoffs, Waymo laid off around 8 per cent of its workforce.
Waymo has fired 137 employees in the second round of layoffs, according to a report by Reuters. The report shows that there have been job cuts in engineering positions. The layoffs are part of the company's cuts to focus on commercial success. Waymo has removed 209 employees this year.
Alphabet's biggest brand, Google, had conducted mass layoffs earlier this year. The search giant removed 12,000 employees in a single round of layoffs. Over 400 employees in the Indian office were let go last month as part of the layoff process.
Google is not Alone.
Google is in the company of other tech giants, including Amazon, Meta, Twitter, HP, Salesforce, and many more. Amazon will be able to remove 18,000 jobs. Meta fired 11,000 employees from its offices across the globe. Several rounds of job cuts have been laying off people on Twitter. Since Elon Musk took over the social media company, the company has conducted around 8 different rounds of layoffs, resulting in a total of $44 billion.
The layoff wave has a significant impact on the Auto industry players in the US. This includes brands such as General Motors, Rivian Automotive, and more.
Self-driving companies are not able to introduce commercial services on the basis of current research and development. Tesla, one of the companies that are at the forefront of self-driving technology, is facing a number of charges due to the deaths caused by its FSD update. Amazon's Zoox has made a lot of headway in tech by testing self-driving robo-taxis for its own employees.