The move represents around 6% of the company's global workforce and comes on top of tens of thousands of reductions announced in recent weeks. Read More...
Reuters
Google to delay portion of staff bonus
The company will pay 80% advance bonus to eligible employees initially and the remainder in later months, a spokesperson told Reuters, adding that the move was communicated to staff last year. Alphabet has so far announced cuts impacting over 200 employees in its health sciences division even as its megacap peers Amazon.com Inc, Meta Platforms Inc and Microsoft Corp have let go thousands of employees. The advance bonus will be paid in January and the remaining 20% in March or April, according to CNBC, which first reported the story.
