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Another IT giant is laying off a large number of its employees.
What is known
CEO of Google
He noted that this is a necessary measure and hopesthat all those fired will accept the news of the reduction with understanding and find themselves in another job. To brighten up the consequences of the dismissal, Google will pay a severance pay in the amount of 4 months salary + bonus for each year worked in the corporation, and also guarantees health insurance for six months and employment assistance.
Such a mass dismissal is caused by generaleconomic crises, rising inflation, the fall of the information technology market, workflow optimization and cost reduction after the end of the COVID-19 pandemic.