Declared for the states: We’ll pay employees during the full notification period (minimum 60 days). We’ll also 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 vesting.
We’ll pay 2022 bonuses and remaining vacation time. 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.
Why isn't Apple laying off ?
No overpaying, no over hiring. Plus they’re doing good, safest company out there.
Apple stock has fallen the least when compared to other FAANG companies.
Tech hiring winter in full swing.
It’s bad
Elon Musk started this shit with firing at Twitter... Then Meta and then everyone jumped onto that bandwagon as an excuse that if everyone is doing it, they won't be singled out as the bad guys!
Same thought. If everyone is doing it then there would be lesser bad PR
Salaries that were in stratosphere due to fang/startup effefts will come back to earth now.
As per internal company sources: This is big like 500+, lots of folks cut in platform teams, brand teams, marketing teams, business teams, product and tech. Wish everyone there all the best. This shall too pass!
Hired lionel messi to promote brand and cuts employees to save costs. What a fucking high IQ C suite the compan...
High likelihood that google india will see a large layoff this week. It could be as soon as today.
