
Google has moved its voluntary separation program, which provides a lump sum payment of up to 12 months' salary, to 5 new countries.
Google has expanded its voluntary separation program, which offers lump sum payments of up to 12 months' salary to its employees for leaving, to Canada, France, Germany, Japan and Switzerland, following the USA and the UK.
AI-generated summary
Google is making moves to restructure its workforce as costs in the artificial intelligence race increase.
Technology giants, which are sacrificing billions of dollars for artificial intelligence, are entering a new era in terms of workforce. The latest move came from Google, one of the world's largest technology companies.
According to the Economic Times, the company has expanded its voluntary separation program, which provides employees with a lump sum payment of up to 12 months' salary in return for their departure.
VALID IN 5 COUNTRIES
Moreover, this offer is no longer limited to just a few countries. Google has also carried the program, which it had previously implemented in the USA and the UK, to Canada, France, Germany, Japan and Switzerland.
PAYING 12 SALARIES AT A TIME
The most striking aspect of the program is the amount of payment offered to employees. Employees who meet the conditions can be paid up to 12 months' salary at once if they agree to leave the company.
A Google spokesperson confirmed that the scope of separation packages with severance pay, which was launched in June, has been expanded. The company stated that behind this step is the aim of directing resources to priority operations.
IN THE SHADOW OF 51.4 BILLION DOLLAR INVESTMENT
This move by Google comes at a time when the cost of the artificial intelligence race is increasing. Alphabet, the parent company of the company, made investment expenditures of $51.4 billion in the third quarter alone. Increasing cost pressure also caused fluctuations in the company's shares on Wall Street.
Microsoft recently offered voluntary separation packages to its 60 thousand employees, revealing the extent of the transformation in the technology sector.
Google executives describe the separation program as an opportunity for those who cannot adapt to the company's new working tempo. However, this practice raises concerns among employees that past waves of compulsory layoffs may come to the fore again.
AI outlook — possibilities, not facts
The proliferation of similar voluntary separation programs in the technology sector
Likely · Within months

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