Google plans to lay off 10% of its managers, including directors and vice presidents, as part of efforts to streamline processes, increase efficiency, and cut costs.
The objective is to reduce the team size by 10% while aiming for a 20% increase in efficiency. Impacted managers will be reassigned as individual contributors or have their roles eliminated.
Sundar Pichai, CEO of Google, emphasized the importance of 'Googleyness' which refers to innovation, teamwork, and goal-oriented approach in Google employees.
Earlier this year, Google executed layoffs in its cloud computing unit and 'core' teams, with some jobs being relocated overseas.