YouTube has initiated a voluntary exit program with severance for U.S. employees while reorganizing its product teams to prioritize artificial intelligence development.
The Google-owned platform reports no layoffs as part of the restructuring that creates three distinct product divisions reporting directly to CEO Neal Mohan.
“Looking to the future, the next frontier for YouTube is AI,”
a YouTube spokesperson told CNBC. According to TechCrunch, the video platform announced its first major product team reorganization in a decade, creating three separate organizations, all reporting directly to Mohan.
Author's summary: YouTube reorganizes product teams.