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Google lays off hundreds of ‘Core’ employees

Google is laying off more employees and hiring their roles outside of the U.S.

Just ahead of its blowout first-quarter earnings report last week, Google laid off at least 200 employees from its "Core" teams, in a reorganization that will include moving some roles to India and Mexico, CNBC has learned. The company's search boss, Prabhakar Raghavan, told employees at an all-hands meeting in March that Google plans to build teams closer to users in key markets, including India and Brazil, where labor is cheaper than in the U.S. Raghavan, Google's senior vice president overseeing search, recently referenced heightened competition, a more challenging regulatory environment and slower organic growth as the company's "new operating reality."

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