Waymo to cut 137 jobs to employees

Alphabet’s self-driving technology unit, Waymo, has laid off 137 employees, in its second round of job cuts this year, Reuters news report said.
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The total job cuts at Waymo for the year reached 8 percent of its workforce. The company has now cut a total of 209 jobs this year.

Waymo has eliminated some engineering roles as part of the cuts to focus on commercial success, the company said in a statement.

Activist investor TCI Fund Management said in November that Waymo is the biggest component of the Google-parent’s Other Bets segment and it has not justified excessive investment.

Alphabet said in January it would slash 12,000 jobs, which would affect a large number of employees who support experimental projects. Its health science unit, Verily Life Sciences, said in January it had laid off over 200 employees, or about 15 percent of its workforce.

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