Google has announced plans for its second major round of layoffs this year.

As reported by Business Insider, the layoffs are expected to mostly impact Google's finance and real estate units. On the finance side, teams affected will include Google's Treasury, Business Services, and Revenue Cash Operations.

The cuts are said to be part of an ongoing restructuring initiative that will see some roles moving to Atlanta, Chicago, India, Ireland, and Mexico.

Ruth Porat, Google’s president and chief investment office and former chief financial officer, told employees via email that the restructuring would expand certain operations to hubs in Bangalore, Mexico City, and Dublin.

“As we’ve said, we’re responsibly investing in our company’s biggest priorities and the significant opportunities ahead,” a Google spokesperson told Business Insider. “To best position us for these opportunities, throughout the second half of 2023 and into 2024, a number of our teams made changes to become more efficient and work better, remove layers, and align their resources to their biggest product priorities.”

The exact number of jobs to be cut has not been shared. Employees affected will be invited to apply for other open positions.

In January 2024, Google announced plans to let go of 702 workers in the Bay Area of California, followed by 100 at its YouTube division.