Google to lay off 12,000 employees after project and function review
Pichai confirmed today: “We’ve undertaken a rigorous review across product areas and functions to ensure that our people and roles are aligned with our highest priorities as a company. The roles we’re eliminating reflect the outcome of that review. They cut across Alphabet, product areas, functions, levels and regions.”in revenue growth, up just 6 percent to $69.1 billion, and a 9 percent drop in operating profit to $17.135 billion.
Simplicity Sprint was launched last summer as a way to up productivity of employees by 20 percent, and Google has also implored workers to restrict their expenses, including travel. Pichai revealed in the staff memo that it will pay employee the full notice period , a severance package starting at 16 weeks, will pay 2022 bonuses and holiday leave, and will offer half a year of healthcare benefits.
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