By:- B.T Team

Image Credit:- Google

Google Layoffs:  Sundar Pichai Announces  Major Job Cuts!

Sundar Pichai’s announcement included significant layoffs at senior executive levels, a rare move in Google’s history.

High-Level Executives Targeted:

Job cuts impacted employees in over 30 countries, with the U.S., India, and U.K. seeing the most drastic changes.

Global Scale of Layoffs:

Performance Review Linked:

The layoffs followed an internal review system called "Google Reviews and Development" (GRAD), which flagged underperforming employees.

AI Divisions Affected:

Despite Google’s emphasis on AI, some employees in experimental AI projects were let go.

This is Google's largest-ever workforce reduction, marking a turning point for the company’s corporate culture.

First-Ever Mass Layoffs:

Golden Handshakes Offered:

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.

Reduced Perks:

Alongside layoffs, Google slashed employee perks such as free meals and campus benefits.

Remote Work Employees Targeted:

A disproportionate number of remote workers faced termination compared to on-site employees.

Focus on Profit Margins:

The layoffs are part of a broader strategy to increase profitability amidst economic downturns.

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