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The head of Google announced the reduction of 12 thousand employees.
Google CEO Sundar Pichai sent an open letter to the company announcing its intention to cut about 12,000 employees. All those who have lost their jobs are promised comprehensive support.
The Google CEO explained the reasons for his decision by macroeconomic factors: two years ago, with the advent of the pandemic, the company entered a stage of sharp growth, and therefore was forced to expand its recruitment, but now the search giant is facing a completely different economic reality. The search giant considers the development of artificial intelligence technologies a priority in its future activities, so Google management had to conduct a thorough analysis of the situation, and the list of workers to be reduced was the result of this check.
All employees in the United States have already received layoff notices - the timing of their dispatch to employees in other countries depends on local circumstances. The severance pay for former US employees will be 16 weeks' salary plus two weeks for each year at Google. They will also be paid bonuses for 2022 and vacation pay balances. Former employees from the United States will be paid insurance for six months in advance, provided employment services and immigration paperwork. Employees in other countries will receive support based on local circumstances.
In conclusion, Mr. Pichai once again emphasized that artificial intelligence technologies remain a priority for Google, including at the expense of other areas. Commitment to this policy has enabled the company to raise the quality of its products to unprecedented heights, and it may also help it overcome the impending economic difficulties.