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Google cuts at least 100 jobs across fast-growing cloud unit, sources say
Google's cloud unit has been among its fastest-growing businesses, but it's not immune from the companywide job cuts.
The company notified employees last week of the cloud cuts, with roles being eliminated in sales, consulting, "go-to-market" strategy, operations and engineering, according to internal correspondence viewed by CNBC. Revenue for Google Cloud, which houses much of the company's artificial intelligence technology, jumped 28% from a year earlier to $9.57 billion in the latest quarter, sailing past estimates. Operating income more than quadrupled to $900 million, showing that Google is finally generating substantial profit after pouring money into the business for years to keep up with Amazon Web Services and Microsoft Azure.
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