As part of cost-cutting measuresGoogle plans to combine its Waze and Maps divisions. The Wall Street JournalIt has been reported. Google stated that the move was intended to reduce duplicate work between products, but it will still separate Waze and Maps apps.
A spokesperson for Waze said Wall Street Journal. After a transition period Neha Parikh, Waze CEO, will be retiring. However there will not be layoffs. The 500-strong Waze team will join Google Geo, which is responsible for Street View, Earth, Maps, and Earth.
Since Google acquired Waze ($1.1 billion), Maps and Waze have been partners Back in 2013. Maps now showing traffic data from Waze After a brief periodCornering, including speed limits, radar locations, and other features Coming later. Waze, on the other hand, has benefited from Google search expertise. Shortly after the acquisition, an antitrust probe was launched by the FTC. Google claimed that it was being investigated. Keep Waze as a separate unit “So far.”
Although it has been nine years since then Waze’s former CEO Noam Barrdeen says that Waze still lacks complete independence. V said Linkedin postLast year.
Waze has 151 millions monthly active users, which is a significant increase from the previous 149 million. One billionGoogle Maps Services. Waze, a crowd-sourced navigation app, is very popular in Europe. Individual users can quickly report traffic, police, accidents and map issues to the app by pressing a button. Google Maps Added ability to report driving incidents in 2019, but less crowdsourcing-oriented.
Sundar Pichai, Google’s CEO, spoke out to address the slowing growth in advertising revenue. in SeptemberHe hopes to make the company 20% more efficient. He stated that some of that can be achieved through layoffs or merging multiple product lines.
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