Alphabet and Google CEO Sundar Pichai expressed remorse for the decision to lay off approximately 12,000 employees, and stated that he takes full responsibility for the actions that led to this outcome. In an email to staff, Pichai said that the company has already sent notifications to affected employees in the US, and that this process will take longer in other countries due to local laws and regulations.
The layoffs will affect roles across Alphabet, product areas, functions, levels, and regions. In the US, Google will pay employees during the full notice period and offer a severance package starting at 16 weeks salary, plus two weeks for each additional year of service at the company, and accelerate at least 16 weeks of GSU stock vesting.
The company will also provide job placement services, immigration support, and six months of healthcare coverage for affected employees. Pichai stated that these layoffs are necessary in order to sharpen focus, reengineer costs, and direct talent and resources to the company's most important priorities.
400 Employees Fired Fom Wipro
IT company Wipro has recently laid off over 400 newly hired employees for poor performance in internal assessment tests.
The company has issued termination letters to the employees, stating that despite receiving adequate training, they were unable to meet performance expectations. The letters also mention that the employees were liable to pay back a training cost of Rs 75,000, but that this amount would be waived.
Wipro has clarified that this decision was made in order to maintain the highest standards and align employees with the requirements of clients and the company's objectives. The evaluation process includes mentoring, retraining and separation of employees from the company.