Google Expands Voluntary Severance Program to Five Countries
Since June, Google has extended its voluntary severance package to some employees in Canada, France, Germany, Japan, and Switzerland to manage costs amid heavy AI investments. Reuters could not determine how many have accepted the offer. Among Switzerland's roughly 5,000 employees, the program covers multiple departments but excludes DeepMind, offering one month's salary per year of service, up to a maximum of 12 months. Microsoft also offered voluntary buyouts to 60,000 employees last week.
Google Expands Voluntary Severance Program to Five Countries
Starting in June this year, Google has extended its voluntary severance program to some employees in Canada, France, Germany, Japan, and Switzerland, in an effort to control costs amid heavy investments in AI. Reuters was unable to determine how many people have accepted the offer in this round.
In Switzerland, where the company has about 5,000 employees, the program covers multiple departments but excludes DeepMind. The compensation amounts to one month's salary for each year of service, up to a maximum of 12 months, and employees have begun leaving successively since August. Last week, Microsoft also offered voluntary buyouts to 60,000 employees.
Source: The Edge Malaysia | Central Oregon Daily
