Google merges Maps and Waze teams; Waze to operate independently

The merger occurs as the dominant search engine faces pressure to reduce expenses and streamline operations. Waze’s current CEO, Neha Parikh, will step down from her position.

Google says Waze will continue to operate independently. Starting on Friday, Google’s Geo division, which is in charge of Maps, Earth, and Street View, will take over the 500-person Waze team.