Amid fears of potential layoffs, Google has introduced a voluntary exit program for its U.S. employees in the Platforms and Devices division, promising severance packages for those who choose to leave. This initiative, led by SVP Rick Osterloh, aims to consolidate teams for better integration of AI features. The move follows previous organizational restructuring and reflects executives' focus on maintaining a dedicated workforce committed to the company's mission. Alphabet's CFO has also indicated a focus on cost efficiencies, raising concerns about future layoffs.
This comes after we brought two large organizations together last year. There's tremendous momentum... we want everyone to be deeply committed to our mission.
Voluntary buyouts can often be a precursor to layoffs if not enough employees take Google up on its offer and choose to leave.
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