HomeAmericasBusinessDeeply Sorry: Sundar Pichai After Firing 12,000 At Alphabet

Deeply Sorry: Sundar Pichai After Firing 12,000 At Alphabet

Deeply Sorry: Sundar Pichai After Firing 12,000 At Alphabet

MOUTAIN VIEW, CA (IANS) – Alphabet and Google CEO Sundar Pichai on January 20 said that he is “deeply sorry” for reducing the workforce by approximately 12,000 roles and takes “full responsibility for the decisions that led us here”.

In an email to employees, Pichai said the company has already sent a separate email to employees in the US who are affected by the layoffs. “In other countries, this process will take longer due to local laws and practices,” he added.

The roles the company is eliminating cut across Alphabet, product areas, functions, levels, and regions.

In the US, Google will pay employees during the full notification period (minimum 60 days) and offer a severance package starting at 16 weeks salary, plus two weeks for every additional year at Google, and accelerate at least 16 weeks of GSU (Google stock) vesting.

“While this transition won’t be easy, we’re going to support employees as they look for their next opportunity,” said Pichai. Google will pay 2022 bonuses and remaining vacation time to those impacted. “We’ll be offering 6 months of healthcare, job placement services, and immigration support for those affected. Outside the US, we’ll support employees in line with local practices,” said Pichai.

The Google CEO said that these are important moments to “sharpen our focus, re-engineer our cost base, and direct our talent and capital to our highest priorities”.

The layoffs at Google’s parent company were expected amid the deepening funding winter that has hit companies of all sizes in the global slowdown and recession fears.

More than 1,600 tech employees are being laid off per day on average in 2023 globally, including in India, and the sacking episodes have gained speed amid the global economic meltdown and recession fears.

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  • A very good package by the best company to work for

    January 21, 2023

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