• Home
  • About us
  • Contact us
  • DMCA
Forbes.llc
  • Home
  • Innovation
    • 5G
    • AI
    • Big Data
    • Cloud
    • Cloud 100
    • Consumer Tech
    • COP26
    • Cybersecurity
    • Enterprise Tech
    • Future Of Work
    • Games
  • Leadership
    • Careers
    • CEO Network
    • CFO Network
    • CHRO Network
    • CIO Network
    • CMO Network
    • Money
      • ETFs & Mutual Funds
      • Fintech
      • Hedge Funds & Private Equity
      • Investing
      • Investing Basic
      • Markets
      • Personal Finance
      • Premium Investing Newsletters
  • Forbes Digital Assets
    • Dashboard
    • Traded Assets
    • Research
    • Events
    • Crypto Portfolios
  • Business
    • Aerospace & Defense
    • Energy
    • Food & Drink
    • Hollywood & Entertainment
    • Manufacturing
    • Media
    • Policy
  • Small Business
    • Small Business Strategy
    • Enterprise Tech
    • Franchises
  • Lifestyle
    • Arts
    • Boats & Planes
    • Cars & Bikes
    • Dining
    • Real Estate
      • Commercial Real Estate
      • Residential Real Estate
      • Forbes Global Properties
      • Vetted
No Result
View All Result
  • Home
  • Innovation
    • 5G
    • AI
    • Big Data
    • Cloud
    • Cloud 100
    • Consumer Tech
    • COP26
    • Cybersecurity
    • Enterprise Tech
    • Future Of Work
    • Games
  • Leadership
    • Careers
    • CEO Network
    • CFO Network
    • CHRO Network
    • CIO Network
    • CMO Network
    • Money
      • ETFs & Mutual Funds
      • Fintech
      • Hedge Funds & Private Equity
      • Investing
      • Investing Basic
      • Markets
      • Personal Finance
      • Premium Investing Newsletters
  • Forbes Digital Assets
    • Dashboard
    • Traded Assets
    • Research
    • Events
    • Crypto Portfolios
  • Business
    • Aerospace & Defense
    • Energy
    • Food & Drink
    • Hollywood & Entertainment
    • Manufacturing
    • Media
    • Policy
  • Small Business
    • Small Business Strategy
    • Enterprise Tech
    • Franchises
  • Lifestyle
    • Arts
    • Boats & Planes
    • Cars & Bikes
    • Dining
    • Real Estate
      • Commercial Real Estate
      • Residential Real Estate
      • Forbes Global Properties
      • Vetted
No Result
View All Result
Forbes LLC
No Result
View All Result

Google Earnings Preview: Layoffs, Google Cloud, AI

by
February 1, 2023
Home Innovation Cloud
Share on FacebookShare on Twitter


cloud news

Mark Haranas

11:43 AM EST on February 1, 2023

The most important things to watch in Google’s fourth quarter 2022 earnings call on Thursday are about layoffs, artificial intelligence, and momentum in Google Cloud.





What does Google CEO Sundar Pichai reveal about the company’s ongoing layoffs of 12,000 people?

How much did Google Cloud lose in Q4 2022? Is Google preparing an artificial intelligence surprise?

These and other questions will likely be answered during Google’s Q4 2022 earnings call on February 2 at 4:30 p.m. ET, where Pichai and Mr. Other Google executives answer questions from analysts.

[Related: 40,000 Tech Layoffs: Amazon Vs. Google Vs. Microsoft]

Google Cloud Earnings, Layoffs

Google Cloud, Google’s fast-growing cloud business, will be the centerpiece of the company’s earnings call on Thursday. The Mountain View, Calif.-based cloud company is one of Google’s most strategic technology assets alongside its artificial intelligence business.

Google Cloud revenue was $6.9 billion in Q3 2022, up 38% from $5 billion in Q3 2021. That puts the company’s annual run rate at about $27 billion.

But what’s most on the minds of customers, partners and investors on Thursday’s conference call is Google’s recent decision to furlough 12,000 employees worldwide.

Unlike other layoffs at large tech conglomerates and cloud competitors (such as Microsoft and Amazon), Google’s layoffs seem to have affected some technology professionals and veterans. source business; and Cat Allman, his 15-year executive at Google, also recently stepped down from his position as manager of the Developer Ecosystems program.

In a blog post to employees on Jan. 20 announcing 12,000 layoffs, Google’s CEO said the company sees a “huge opportunity” ahead thanks to its investments in products, services and artificial intelligence. He said he was confident.

“Capturing it fully requires making hard choices. That’s why we undertook a rigorous review across product areas and functions to ensure our people and roles are aligned with our top priorities as a company. I did,” Pichai said. “The roles we eliminate reflect the results of that review.”

CRN breaks down the four most important things to watch for in Google’s earnings call on Thursday: AI, Google Cloud, and job cuts.

    Learn about Mark Haranas

Mark Haranas

Mark Haranas is an Assistant News Editor and now a longtime journalist covering CRN’s cloud, multicloud, software, SaaS and channel partners. He speaks to world-renowned CEOs and IT professionals, covers breaking news and live his events, and manages several of his CRN reporters. His contact is his mharanas@thechannelcompany.com.




Source link

Next Post

Renal Failure Risk Equation Shows Poorly Calibrated to Predict ESKD in Children with CKD

Leave a Reply Cancel reply

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

Recommended.

Cotton says he will endorse McConnell as Senate Speaker: ‘To be a man, you have to beat a man’

Cotton says he will endorse McConnell as Senate Speaker: ‘To be a man, you have to beat a man’

November 13, 2022
The decline and possible resurgence of radical gerrymandering

Manufacturing and Liberty | Washington Monthly

January 9, 2023

Subscribe.

Trending.

Smartex raises $24.7 million to give smarter eyes to textile manufacturing • TechCrunch

Smartex raises $24.7 million to give smarter eyes to textile manufacturing • TechCrunch

November 3, 2022
Red Roof Celebrates Industry Leadership Through Performance, Partnerships, Prototypes and Purpose at 2022 Brand Conference

Red Roof Celebrates Industry Leadership Through Performance, Partnerships, Prototypes and Purpose at 2022 Brand Conference

November 14, 2022
Finxeed Announces $10 Million Strategic Investment from DBank (Chain Bank Group) to Launch World’s First Digital Asset Proprietary Company

Finxeed Announces $10 Million Strategic Investment from DBank (Chain Bank Group) to Launch World’s First Digital Asset Proprietary Company

December 23, 2022
Bridgewest Group signs deal with Pfizer to acquire injectable manufacturing plant in Western Australia

Bridgewest Group signs deal with Pfizer to acquire injectable manufacturing plant in Western Australia

November 11, 2022
The earliest evidence of the use of controlled fire for cooking food

The earliest evidence of the use of controlled fire for cooking food

November 14, 2022
Forbes LLC

This website provides information about Business and other things. Keep Supporting Us With the Latest News and we Will Provide the Best Of Our To Makes You Updated on All Around The World News. Keep Sporting US.

  • Home
  • About us
  • Contact us
  • DMCA

© 2022 forbes - Copyrights reserved by Forbes LLC.

No Result
View All Result
  • Home
  • Review
  • Apple
  • Applications
  • Computers
  • Gaming
  • Gear
    • Audio
    • Camera
    • Smartphone
  • Microsoft
  • Photography
  • Security

© 2022 forbes - Copyrights reserved by Forbes LLC.