"Hi YouTubers,Over the last 20 years, YouTube has grown from a scrappy video-sharing site into one of the world's largest streaming platforms. Our success has been built on big, bold bets that have paid off year after year, from launching the YouTube Partner Program to investing in the Living Room. Today, those investments have created a thriving business: we've paid over"
"Mohan said YouTube, which is owned by Google, was creating three separate product organizations that would report directly to him: viewer products, creator and community products, and subscriptions products. No layoffs were planned as part of the reorganization, which is set to take effect on November 5. "But we also understand some of you may be ready for a new challenge, so we've decided now is the right time to offer a Voluntary Exit Program," Mohan said, adding the YouTube employees in the United States would be receiving more information about the buyout option."
YouTube is implementing a major reorganization and offering a Voluntary Exit Program for U.S. employees as part of that change. The company will create three product organizations reporting to the CEO: viewer products, creator and community products, and subscriptions products. The reorganization is scheduled to take effect on November 5 and does not include planned layoffs. The reorganization is intended to position the platform to leverage AI, which the company views as a transformative opportunity across multiple parts of the product. U.S. employees will receive details about the buyout option.
Read at Business Insider
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