Google parent company Alphabet (GOOGL) has announced a new round of layoffs in its cloud computing and human resources units. Discover the Best

Google has told staff in its “People Operations” and cloud organisations in the US this week that it is planning a layoff as part of an internal reorganization. This comes after chief financial officer (CFO) Anat Ashkenazi said that one of her top priorities would be more cost-cutting as Google missed its fourth quarter revenue expectations and is also looking to expand its spending on Artificial Intelligence (AI) infrastructure this year,