Some Google employees fired by Sundar Pichai earned annual salary of over 8 crore, many freshers laid off

Some Google employees fired by Sundar Pichai earned annual salary of over 8 crore, many freshers laid off

Google fired 12,000 employees across the globe with layoffs impacting almost all the departments. According to reports, Google layoffs affected freshers, new hires and even the top-paid executive professionals.

Story highlights
  • Sundar Pichai announced Google layoffs last week.
  • The company announced to reduce its workforce by almost 6 per cent and fired 12,000 employees.
  • Impacted employees also include top-paid executives with annual salaries up to Rs 8 to 10 crore.

The ongoing layoffs in the IT sector are not just impacting the new hires or freshers but the professionals holding the chair of top executives too. Google which recently fired 12,000 employees across the globe, has reportedly bid adieu to some high-profile and highly paid employees who were getting annual salaries reaching close to Rs 10 crore.

A report by The Information reveals that Google CEO Sundar Pichai has even cut down roles of employees who received high-performance reviews or were in managerial positions with annual compensation packages of $500,000 to $1 million. The recent mass layoffs of 12,000 employees impacted workers across departments and organisations spanning from Google Cloud and Chrome to Android. "We've undertaken a rigorous review across product areas and functions to ensure that our people and roles are aligned with our highest priorities as a company. The roles we're eliminating reflect the outcome of that review. They cut across Alphabet, product areas, functions, levels and regions," Pichai said in an email to all employees on Friday.

In addition, Google also asked managers to put more employees into low-performing categories during performance reviews, which made it easier to filter for employees who will be impacted by the layoffs. A Google employee also confirmed the new review system to check on employees to Business Insider and said that Google had last month brought in a new "support check-in" policy that they described as a "compassionate-sounding euphemism for a performance warning mark on your personal record."

Google, which is one of the tech giants and a dream company for many techies and other aspiring professionals, offers a dream salary package with the average salary for managers in the US reaching around $165,000. The report suggests that in India, Googlers fall into an average salary bracket of Rs 355,348 to Rs 4,404,107 a year. In addition, the company also offers a line-up of perks including paid time off, vacation and more. However, last year, with the emergence of economic uncertainties and the struggle to keep up with the revenue profits, the company decided to take some serious cost-cutting measures and slashed the entertainment and travel budgets of the employees.

When employees questioned the decision to cut down the leisure budget amid record profits and huge cash reserves, CEO Pichai asked them not to equate money and perks with fun at work. " "I remember when Google was small and scrappy. We shouldn't always equate fun with money. I think you can walk into a hard-working start-up and people may be having fun and it shouldn't always equate to money," said Pichai in the all-hands meeting of September 2022. Later, the company decided to move forward with some drastic measures of cost-cutting and announced to fire 12,000 employees across the globe.

Published on: Jan 23, 2023, 11:31 AM IST
Posted by: BT Siteadmin, Jan 23, 2023, 11:00 AM IST