Google Offers 300% Salary Hike To Retain Employee; Read More

The revelation of the extraordinary wage hike comes amidst latest job cuts at Google, with CEO Sundar Pichai warning staff of extra impending layoffs. (Also

New Delhi: During a latest episode of the Big Technology Podcast, Aravind Srinivas, CEO of Perplexity AI, revealed that Google as soon as provided an worker a staggering 300 % hike in wage to dissuade them from switching jobs to Perplexity AI. This anecdote sheds mild on the lengths to which huge tech firms go to retain their staff.

Details Of Salary Hike

Srinivas disclosed that the worker who obtained the substantial wage improve was a member of Google’s ‘search workforce’ and had no direct involvement with its AI division. Despite this, Google deemed it obligatory to supply such a big increase to stop the worker from leaving. (Also Read: Nothing CEO Carl Pie Became ‘Carl Bhai’ In Twitter Bio, But Why So?)

Google’s Internal Memo On Job Cuts

The revelation of the extraordinary wage hike comes amidst latest job cuts at Google, with CEO Sundar Pichai warning staff of extra impending layoffs. (Also Read: Google Opens New Office In Pune; Employee Shares Video Of Interiors: Watch)

In an inside memo addressed to all Google staff, Pichai emphasised the necessity for “tough choices” to create capability for future investments.

Pichai’s Statement On Job Reductions

Pichai’s memo acknowledged the corporate’s formidable objectives and reiterated its dedication to investing in key priorities. However, he pressured that creating capability for these investments requires troublesome selections, together with workforce reductions.

Scope Of Job Cuts

Since January 10, Google has reportedly laid off over a thousand staff throughout numerous departments. Earlier bulletins by Pichai indicated plans to chop roughly 12,000 jobs globally, which accounts for about 6 % of Google’s workforce.

Pichai’s Announcement To Employees

In a earlier communication to staff, Pichai had knowledgeable them of the choice to scale back the workforce by roughly 12,000 roles. While staff within the US obtained quick notifications, the method in different international locations could take longer because of native legal guidelines and laws.

Source: zeenews.india.com

Like this post? Please share to your friends: