SME Times is powered by   
Search News
Just in:   • Adani Group to invest Rs 57,575 crore in Odisha  • 'Dollar Distancing' finally happening? Time for India to pitch Rupee as credible alternative: SBI Ecowrap  • 49% Indian startups now from tier 2, 3 cities: Jitendra Singh  • 'India ranks 3rd in global startup ecosystem & number of unicorns'  • LinkedIn lays off entire global events marketing team: Report 
Last updated: 25 Jan, 2023  

Google.9.Thmb.jpg 'Should I keep working hard?': Google layoff survivors ask top bosses

Google.9..jpg
   Top Stories
» 49% Indian startups now from tier 2, 3 cities: Jitendra Singh
» 'India ranks 3rd in global startup ecosystem & number of unicorns'
» Tripura exported over 9K tonnes of pineapples in 2 years
» CPI inflation eases to 6.71% in July, IIP falls to 12.3%
» Rupee depreciates 12 paise to close at 79.64 against US dollar
IANS | 26 Jan, 2023
Employees, who survived the recent layoffs at Google, are worried and have demanded assurances that their jobs are not next to be axed by the company during a recent all-hands meeting with top bosses.

As Google's parent company Alphabet chopped six per cent of its workforce globally, an employee based in the UK told management that "psychological safety is paramount", the New York Post reported.

The employee, who had trouble processing the news like many of his colleagues, said: "How are we supposed to ever feel safe again?"

According to the report, most of the 12,000 people, including Indians, axed by the tech giant were high performers and people on immigration visas.

The professionals with an H-1B visa will have to leave the country in 60 days if they are unable to find another alternative to sustain.

"Should I keep working super hard? Does it matter?" another employee wondered.

Among those who were handed pink slips were employees who "had previously received high performance reviews" or had annual compensation packages of $500,000 to $1 million.

"The layoffs seem random," one employee wrote in a question that was submitted to top Google executives via the company's internal messaging system, the Post reported.

Denying that the layoffs were done "randomly", Alphabet and Google CEO Sundar Pichai had said earlier that he is "deeply sorry" for reducing the workforce.

In an email to employees, Pichai said he takes "full responsibility for the decisions that led us here".

In the US, Google will pay employees during the full notification period (minimum 60 days) and 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 (Google stock) vesting.

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.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 13 Aug, 2022
  Daily Poll
COVID-19 has directly affected your business
 Yes
 No
 Can't say
  Commented Stories
» GIC Re's revenue from obligatory cession threatened(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter