Google is sick 🤢 !! 700 million to fire people.

They are barely surviving since chatgpt. Only bcoz it’s ads company they are afloat. Some moves are just desperate now

So if they are paying such a hefty amount in severance, we should expect them to start hiring any time soon. Here Hiring means normal hiring, not just 1-2 roles here and there.

FYI, Citi cuts another 2,000 jobs, severance costs at $650 million

No jobs are forever.

Saved 12 months or more in salary and benefits and office luxuries by paying some severance.

Indians make very poor strategic thinkers. Ironic for the country that saw great strategic geniuses.
Am starting feel this guy was more of a stop gap measure.

Eh, drop in the bucket for goog

Look at the long run! They will save 2-3X costs atleast in salaries, future RSUs, cost of maintenance per employee.
Plus companies like Google, Barclays, Microsoft will always have a comfortable severance package.

They're still hiring for a few roles tho