Nearly 500 employees sacked by Google parent Alphabet in India
Employees sacked by Google parent Alphabet in India: Alphabet, the parent firm of Google, has let go of over 500 workers in India who worked in the legal, sales, marketing, and other areas. According to sources speaking to Business Insider India, the fired workers were locked out of their work systems at about 9:20 p.m. on 16th Feb and informed by personal email.
February 2023 Current Affairs Quiz
Job Cut by Google India: Key Points
- The job cuts at Google India were anticipated in light of the company’s January 12,000 layoffs, which represented 6% of its whole workforce.
- Although Google did not specifically state how many employees in India would be affected, approximately 500 of the positions Google said in January would be eliminated are in India.
- As part of their assistance strategies for the affected personnel, Google India reportedly claimed that severance benefits will be “personal and based on parameters like term of service” in an internal memo seen by Business Insider India.
- The remaining bonuses for 2022 as well as accrued but unused vacation time will also be given to the affected employees in addition to this.
- The business added that, among other things, it will help with healthcare insurance and job placement services.
Google joins Major Tech Companies in Job Cut
Google is the latest major tech company to announce job cuts. The other companies are Twitter, Amazon, Microsoft, Meta, and Meta, all of which have recently cut thousands of positions. Meanwhile, according to a layoff tracker, 379 IT businesses have already announced 1,07,930 job cuts for 2023.
Google no more the Company for Job Security
Employees at Google India are feeling uncertain since, according to sources speaking to Business Insider India, the business has warned them that non-performance will be dealt with. But more than that, staff members who talked with Business Insider India claimed that Google could have hired better to prevent this disaster in the first place.