Google: The company laid off over 1,000 employees from various departments, such as hardware and engineering, to reorganise and focus on key projects. Its CEO, Sundar Pichai, also suggested that more layoffs are likely in the future, as the company deals with increasing competition and regulatory challenges. Its subsidiary, YouTube, also eliminated around 100 jobs, mainly in the areas of music, sports, media, film, and TV, to adjust to the decline in ad revenue and the rise of competitors like TikTok.