Earlier this month Google announced that Google Cloud had hit a $10bn annual revenue run rate, but the company on Friday admitted it is cutting its headcount in the enterprise unit as part of a restructure.
The restructuring effort will involve eliminating some roles, a Google spokesperson told CNBC on the back of a Wall Street Journal story that Google would cut “a small number of employees”.
“We recently communicated organizational changes to a handful of teams that will improve how we market, partner, and engage with customers in every industry around the globe,” a Google spokesperson said.
