Last week, Google confirmed that it had laid off around 1,000 people. The exact number isn't clear because, well, Google isn't being forthcoming with details. Instead, the layoffs have been mostly communicated within different divisions, making it hard to know the scale of employees affected.
https://www.inc.com/jason-aten/googles-ceo-faces-intense-criticism-over-more-layoffs-his-response-is-1-thing-no-leader-should-ever-do.html
Google did a $70 billion stock buyback in April 2023 two months after the 12K employee layoff. Maybe they will do it again this year.
Sundar Pichai, CEO of Google's parent company, Alphabet, topped the CEO comp list in 2023 with an awarded pay package valued at around $226 million, which was over 800 times Google's median employee compensation...
Save your money just in case and enjoy it while you can.
We’re impacted employees told already ?
@1tfp+1qBrPm4W Google is not losing the AI battle against MS.. They had already lost.
In Korean news media, it says around 3,000 Google folks including 20+ VPs and directors were let go in this round. Is Google losing AI battle against MS?
Who cares ? The CEO doesn't for sure. The politics are playing high during these layoffs