By:- B.T Team
Image Credit:- Google
Sundar Pichai’s announcement included significant layoffs at senior executive levels, a rare move in Google’s history.
The layoffs followed an internal review system called "Google Reviews and Development" (GRAD), which flagged underperforming employees.
Despite Google’s emphasis on AI, some employees in experimental AI projects were let go.
Laid-off employees received lucrative severance packages, including extended healthcare benefits and stock vesting.
Mid-Year Job Cuts:
Unlike traditional layoffs announced in fiscal-year-end quarters, this occurred mid-cycle, catching employees off guard.