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International Business Times UK

Vinay Patel

Google Offers Buyouts in Search Ads Division Amid Quiet Restructuring — Are Buyouts the New Layoffs?

Google CNBC Nick Fox United States KI

Google's offering voluntary buyouts across various divisions, including its key Search Ads unit, as a 'voluntary exit program' for US-based employees. (Credit: AFP News)

In a significant development, Google has extended buyout offers within its Search Ads division, signalling a quiet restructuring behind the scenes.

As CNBC uncovered, Google presented buyout opportunities to employees across various divisions on Tuesday. These included teams in its knowledge and information, central engineering, marketing, research, and communications departments.

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