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Google Announces Severance, Healthcare Among Support For Fired Employees


Google announces severance, healthcare among support for laid-off employees

The cuts come days after rival Microsoft Corp said it would lay off 10,000 workers. (File)

New Delhi:
Google CEO Sunar Pichai, who took “full responsibility” for Alphabet Inc’s 12,000 job cuts, offered to support laid-off ‘Googlers’ as they look for their next opportunity.

  1. Google employees used to lay off will be paid within a minimum 60 day full notice period. The 2022 bonus and remaining leave will also be paid.

  2. “We will also be offering severance packages starting at 16 weeks pay plus two weeks for each additional year at Google and accelerating to at least 16 weeks for GSU (Google Stock Unit),” Sundar Pichai said in the email. ).

  3. Employees will also receive six months of health care, job placement services and immigration assistance for those affected. Workers outside the United States will be supported in accordance with local practice.

  4. Google’s parent company, Alphabet Inc, is eliminating about 12,000 jobs, or 6% of its workforce, the company said on Friday, in the latest round of cuts intended to shake up the tech sector. .

  5. The cuts come days after rival Microsoft Corp said it would lay off 10,000 workers. Alphabet’s job losses affect teams across the company, including hiring and some company functions, as well as some engineering and product teams.

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