Google has introduced a new program to its employees, offering considerable severance packages to those willing to leave the company of their own volition. The program — dubbed “Voluntary Exit Program” — is designed to provide financial support to employees who willingly opt to leave the company. The incentivizing deal appears to be good news for the small Alphabet Workers Union, which has been circulating a petition pushing for Google to offer buyouts before laying workers off. In January, the big tech company laid off over 12,000 employees, offering them a reasonable severance package that included 6 months of health care and at least 16 weeks of salary. The cuts come as the tech giant looks toward responsibly reducing their costs and looking for significant opportunities ahead.
Google Offers Employees Cash to Quit
Google has introduced a new program to its employees, offering considerable severance packages to those willing to leave the company of their own volition. The program — dubbed “Voluntary Exit Program” — is designed to provide financial support to employees who willingly opt to leave the company. The incentivizing deal appears to be good news for the small Alphabet Workers Union, which has been circulating a petition pushing for Google to offer buyouts before laying workers off. In January, the big tech company laid off over 12,000 employees, offering them a reasonable severance package that included 6 months of health care and at least 16 weeks of salary. The cuts come as the tech giant looks toward responsibly reducing their costs and looking for significant opportunities ahead.