News

The Wall Street Journal: Google to merge Maps, Waze teams as cost-cutting move

0

Alphabet Inc.’s
GOOGL,
-2.10%

 
GOOG,
-2.22%

Google plans to combine the team working on the mapping service Waze with the group overseeing the company’s Maps product, as the search giant faces pressure to streamline operations and cut costs.

Google plans to merge Waze’s more than 500 employees with the company’s Geo organization, which oversees the Maps, Earth and Street View products, beginning on Friday, according to a Google spokeswoman. 

Waze CEO Neha Parikh will exit her role following a transition period, the spokeswoman said. Google said it planned to maintain Waze as a stand-alone service and didn’t plan to conduct any layoffs as part of the reorganization.

Google expects the restructuring to reduce overlapping mapmaking work across the Waze and Maps products, the company said.  “Google remains deeply committed to Waze’s unique brand, its beloved app and its thriving community of volunteers and users,” the spokeswoman said in a statement. 

An expanded version of this report appears on WSJ.com.

Also popular on WSJ.com.

Elon Musk’s release of documents triggers Twitter lawyer Jim Baker’s exit.

Whitey Bulger was killed after inmates were tipped off on his prison transfer, watchdog says.

The Margin: Here are the companies in the layoffs spotlight: Adobe and GameStop join Intel, Google, HP, Amazon, Cisco

Previous article

Crypto: Feds said to investigate FTX’s SBF over possible crypto price manipulation, while senators want his testimony

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

More in News