Layoffs!!, Layoffs!! you people must hearing this term usually nowadays. Huge Tech Giants are firing their employees. Later on Google had also announced that they are laying off their employees.
Google, announced Friday that it is laying off 12,000 workers worldwide, or 6% of its total workforce. Even though the layoffs will affect most units and occur across all regions, the company said they could have an impact on teams’ ability to recruit new members. Google joins the ranks of tech giants like Amazon, Meta, and Microsoft (parent company of LinkedIn), which this week announced layoffs. Large numbers of Big Tech companies made a lot of hiring during the pandemic to meet the enormous demand, and they are currently coping with an unstable economy and record-high inflation.
Check out the other Big Tech companies layoffs stats on layoffs tracker.
Employees of Google based in the U.S. who are being let go will receive 16 weeks of severance, with an additional two weeks for every additional year they have worked at the company.
People started posting about it, creating hashtags such as #googlelayoffs on Twitter and ex-employees started sharing this news with their networks.
Ex-Googlers are expressing themselves and reaching to their networks on Linkedin.
Google layoffs news was shocking and deprived for the Google employees a as well as for the people all around the world.