Google CEO announces 12000 job cuts globally!
By Tech Tudum
CEO Sundar Pichai said that the company took a "rigorous review across product areas" to check priorities in roles.
Google workers in the US who are affected have already received an email.
It's still unclear which department is most affected by this mass layoffs.
Google will pay employees during this full notification period which is minimum 60 days.
Google would offer a severance package starting at 16 weeks' salary plus two weeks for every additional year at Google.
They will also receive bonuses and healthcare benefits as per their contracts.
Google's new report shows that Google has delayed paying year-end bonus checks for employees this year.
Google's announcement of layoffs comes days after Microsoft laid off 10,000 workers.
Google’s offer to laid-off employees!