“Google plans to combine the team working on the mapping service Waze with the group overseeing the company’s Maps product, as the search giant faces pressure to streamline operations and cut costs. Google plans to merge Waze’s more than 500 employees with the company’s Geo organization, which oversees the Maps, Earth and Street View products, beginning on Friday, according to a Google spokeswoman. Waze CEO Neha Parikh will exit her role following a transition period, the spokeswoman said. Google said it planned to maintain Waze as a stand-alone service and didn’t plan to conduct any layoffs as part of the reorganization.”
Source : Google Combines Maps and Waze Teams Amid Pressure to Cut Costs – WSJ