The layoffs will have an effect on jobs globally and throughout your entire firm, chief govt officer Sundar Pichai instructed workers in an e mail on Friday, writing that he takes “full duty for the selections that led us right here”.
The layoffs are global and impact US staff immediately, Google said.
Pichai said in the note, “I’m assured concerning the enormous alternative in entrance of us due to the energy of our mission, the worth of our services and products, and our early investments in AI.”
Pichai said that the tech giant will “help workers as they search for their subsequent alternative.”
In the US, he said that the company will pay employees during the full notification period (minimum 60 days).
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We reported in November, citing media reports, that the tech giant has asked managers to identify the poorest-performing 6% of employees.Google employed around 1.56 lakh people at the end of 2021. A filing with the Securities and Exchange Commission revealed that the median salary at the company was $2,95,884.
Google has joined a growing list of tech companies that have cut their workforces in recent months, including Meta, Amazon, Microsoft and Twitter.
Meta CEO Mark Zuckerberg announced that the firm would minimize 13% of its workforce, or about 11,000 individuals.
Since Elon Musk’s takeover, Twitter has minimize greater than 50% of its 7,500-strong workforce. Ecommerce big Amazon can also be planning to fireplace 18,000 workers.
Tech big Microsof, alternatively, mentioned it plans to slash close to 10,000 jobs or nearly 5% of its workforce by the end of the third quarter of fiscal 2023 in an attempt to save $1 billion in costs.
Earlier in the day, Google announced that it is deferring a portion of its employees’ year-end bonuses as part of a transition to a new performance management system.
“The firm can pay 80% advance bonus to eligible workers initially and the rest in later months,” a spokesperson told Reuters, adding that the move was communicated to staff last year.