Google Layoffs Sundar Pichai Tell Staff Jobs Cut To Avoid Much Worse Issue | Google Layoffs: Sundar Pichai replied on layoffs, said

Google Layoffs News: Google CEO Sundar Pichai has given clarification on the removal of a large number of employees from the company. He told that if there were no layoffs from the company, the situation could have worsened for Google. The growth of the company was decreasing every day. According to a Bloomberg report, Sundar Pichai, CEO of Google’s parent company Alphabet, said in an internal meeting that the decision to reduce the workforce by 6 per cent was taken after consulting the founders and the board.

Things could have been worse

The CEO of Google said that if the decision to lay off the employees was not taken soon, the situation could have worsened. Sundar Pichai further said that the bonuses are linked to the performance of the company. For this reason, there has been a substantial reduction in the annual bonus of all Senior Vice Presidents and above.

12,000 layoffs announced

Google had announced the layoff of 12,000 people on last Friday i.e. January 20, 2023. Google has now become the largest company to remove the maximum number of employees after hiring more people. Pichai said that these reductions were necessary to improve the company’s growth and work. Speculation about the reduction was going on for months. The decision to lay off has been taken carefully.

What will Google give on the removal of employees

In a Reuters report, the CEO of Google said that full support will be given to the employees. Employees will be given 60 days notice period money. Along with this, 16 weeks additional salary and vacation package will be given. Apart from this, the year 2022 bonus, 6 months healthcare, job placement services and immigration support will also be given. Please tell that this rule is for people working in America.

Google rules outside the US

For employees outside the US, the company will provide full support as per local rules. Also, it will release 80 days bonus in the first month and the rest will be released in subsequent months.

read this also

Upcoming IPOs: Keep money ready! Soon the IPO of these 2 companies will come in the market, approval from SEBI

Leave a Comment