Google will give money to employees, Buyout offer to staff to leave jobs
Google Has offered Buyout for employees in its different departments. Google has told its employees that if they leave the job, they will be given a lot of money. The departments whose employees have offered this offer include Knowledge and Information (K&I), Central Engineering, Marketing, Research and Communication. Let us tell you that the company is continuously cutting its number of employees. This offer of byouts given to employees of different departments is also a part of the company’s strategy.
Number of employees is continuously decreasing since 2023
According to a CNBC report, 12,000 employees were fired in 2023 by US legendary tech company Google. Since then, the company has been continuously reducing the number of employees. However, there is no strong information about the number of how many employees will be extracted under this buyout offer.
The company’s major priorities include cost cutting
Google has confirmed that the byout offer ie “Voluntary Exit Program” will be applicable only to America based employees. Let us tell you that some departments of Google are making it mandatory for those remote workers to come to the office who are within 50 miles from the office. This byout offer came at a time when the company’s finance chief Anat Ashkenazi said in October that the cost cutting is one of their major priorities. Let us tell you that Google is increasing its expenses on AI Infra in 2025.
Employees who do not perform well can leave the job
Google’s Knowledge and Information Department has around 20,000 employees. The unit was reorganized in October, which was commanded by Google’s executive Nick Fox. Fox sent a memo on Tuesday saying that the employees who are not meeting the expectations of the company can leave the job and remain in the company who are excited about their work and are doing well.
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