Google is merging its mapping app Waze and its mapping staff as a part of its total streamlining and value slicing measures, from tomorrow, the corporate has introduced.
As a part of the restructuring, Waze’s 500 staff will turn out to be a part of Google Geo, which is chargeable for Google Maps, Google Earth and Google Avenue Views. Waze CEO Neha Parikh, who took up her place in Might 2021, will go away after a transition interval.
Nonetheless, Google confused that Waze will proceed to function as a standalone app and no layoffs are deliberate as a part of the restructuring. Google believes that the reorganization will drastically scale back overlapping work concerned within the separate Google Maps and Waze merchandise and there might be advantages from technical collaboration.
A Google spokesperson instructed the “Wall Avenue Journal” that, “Google stays deeply dedicated to Waze’s distinctive model, its beloved app and its thriving group of volunteers and customers.
Google acquired Israeli firm Waze in 2013 for $1.1 billion. Waze CEO Noam Bardin left in 2021 to develop the Submit social community, which is supposed to compete with Twitter.
Waze has 151 million lively month-to-month customers worldwide and bases its stories on the newest site visitors updates.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on December 8, 2022.
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