Google offers buyouts to staff in latest round of cost cutting

From Yahoo Finance: 2025-06-11 08:06:00

Google is offering buyouts to employees in various divisions as part of cost-cutting measures. The exact number of affected employees is unknown, but offers were extended to those in search, advertising, research, and engineering units, as reported by the Wall Street Journal.

The company stated that some teams have introduced a voluntary exit program with severance for US-based employees, with more teams expected to offer the program to support future initiatives.

Google began reducing its workforce in 2023, announcing layoffs of 12,000 employees as the surge in online service demand during the COVID-19 pandemic waned.



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