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Google Cloud Retrenches Nearly 100 Staff Google has cut about 100 positions in its cloud division, primarily affecting sales operations, as part of a strategic shift to reallocate resources toward AI and business growth, according to sources familiar with the matter. A Google spokesperson stated that the company continues to adjust its workforce to align with customer needs and future opportunities. The spokesperson said: “As teams have been doing across the company, we’re making changes to continue to invest in areas that are critical to our business and ensure our long-term success.” Google Cuts Jobs in Cloud Division Amid Strategic Reshuffling Alphabet's Google has laid off employees in its cloud division, Bloomberg reports. The exact number of affected workers remains undisclosed, but the cuts impact only select teams. Google has yet to comment on the… pic.twitter.com/QekwEjP2Lj — AIForge (@TheAIForge) February 26, 2025 The move follows slower growth in Google’s cloud business and significant AI-related investments. Earlier this month, Alphabet fell short of analysts' cloud revenue projections, while its 2025 capital expenditure forecast exceeded expectations, highlighting the company’s evolving priorities. Google Cloud Layoffs Not the First Google’s latest cloud workforce reductions follow a series of restructuring efforts across the company. Alphabet cuts fewer than 100 cloud sales jobs to shift focus to AI and key investments. Cloud growth slowed, Q4 revenue missed expectations. Tech giants, including Amazon and Meta, continue layoffs to fund AI without hitting profits. pic.twitter.com/jREHDL2v7A — 智通财经 (@ZHITONGCAIJING) February 27, 2025 In January, it introduced a “voluntary exit programme” for employees in its Platforms and Devices unit, which merged its Pixel hardware and Android software teams in 2024. Throughout the year, Google has made gradual workforce cuts as part of a broader reorganisation. The cloud layoffs reflect a broader trend in the tech industry, where companies like Amazon, Meta, Salesforce, and Microsoft are trimming corporate roles or shifting to lower-cost international labour. With mounting pressure to invest in AI without jeopardising profits, Google continues to prioritise its cloud division as a key growth driver. During its February earnings call, Alphabet CFO Anat Ashkenazi reaffirmed that the company expects "some headcount growth in 2025 in key investment areas such as AI and cloud."

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The team behind the MELANIA meme coin, which was recently launched by First Lady Melania Trump, will begin unlocking its allocated tokens on February 19 or 20. According to the project’s unlocking schedule, 3% of the total supply – equivalent to 30 million tokens worth approximately $39 million – will be released. MELANIA’s First Token Unlock The MELANIA team’s tokens were initially locked for 30 days, with the first unlock set to occur after this period. Following this, an additional 2.25% (22.5 million tokens) will be unlocked every month over the next 12 months as per EmberCN’s latest update. In total, 30% of the token supply will be unlocked over a 13-month period. Following the launch of President Donald Trump’s TRUMP meme coin in January, First Lady Melania Trump introduced her own cryptocurrency, MELANIA. Upon its debut, the token caused a sharp 50% drop in her husband’s coin. MELANIA experienced its peak on launch day as it touched $13.73. However, like TRUMP, it soon suffered a significant decline and ended up plummeting over 90% and crashed to $1.3 in February. Due to subsequent market volatility, MELANIA saw further declines and is currently trading at $1.26. It was down by almost 4% over the past 24 hours. $649M in Crypto Unlocks Incoming When tokens are unlocked, the circulating supply grows. This could potentially drive up selling activity and lead to greater price volatility amidst existing bearish pressure. Zooming out, there are more token unlocks that could put pressure on the market. In fact, data compiled by Tokenomist revealed that in the next seven days, token unlocks totaling over $5 million will take place. In addition to MELANIA, this would impact several other tokens such as MURA, FTN, QAI, MRS, IMX, APE, ID, and PIXEL. At the same time, large-scale linear unlocks will involve tokens including SOL, WLD, DOGE, TIA, AVAX, TAO, SUI, DOT, NEAR, JTO, ENS, FIL, and OM. The total estimated value of all unlocks is expected to exceed $649 million. The post MELANIA Token Unlock Set for February 19-20 – Will Selling Pressure Increase? appeared first on CryptoPotato.

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