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According to reports, at Google, the employees who were most affected included those who had recently received high performance reviews or held managerial positions with annual compensation packages of $500,000 to $1 million.
Earlier this month, Amazon CEO Andy Jassy announced cutting 18000 jobs globally, which is around 1 per cent of the total workforce. Thousands of Indian employees have also been impacted by the layoffs.
As companies look to rein in costs amid an economic downturn, tech giants such as Alphabet Inc, Amazon.com Inc and Microsoft Corp have all cut thousands of jobs in recent weeks. The Aam Aadmi Party chief urged the Centre to assess the situation in the country and take suitable steps.
Google layoffs: Google CEO Sundar Pichai, in an email to his employees, recently announced that the company will lay off 12,000 jobs across the globe. In his email to employees, the Indian-origin CEO said,
Several Indian IT professionals, who are on non-immigrant work visas like H-1B and L1, are now desperately looking for options to stay in the US. -- aaa