Google Starts Massive Layoff Plan by Letting Go of 1,800 Employees in California

Per CNBC

Google previously announced its plans to lay off 12,000 employees from multiple locations following other massive layoffs in the tech industry. The company is starting in its home state of California, and the first round of layoffs saw the exit of 1,800 employees.

Alphabet's biggest company, Google, started with its Silicon Valley headquarters and other places within California. The company CEO Sundar Pichai gave a statement regarding how he felt about the layoffs while acknowledging how employees are worried about the situation.

Pichai: “I understand you are worried about what comes next for your work... Also very sad for the loss of some really good colleagues across the company.”

So far, the affected areas are the company's headquarters and other places.

Here are the locations that have experienced the layoffs.

  • 1,436 job cuts took place in Mountain View, Google's base
  • 119 job cuts took place in San Bruno, YouTube's home
  • 53 job cuts took place in Palo Alto
  • 177 job cuts took place in Los Angeles

Some notable actions include how 27 in-house massage therapists were laid off. Of this number, 24 alone came from Mountain View. These were on top of the "director" or "senior" roles being let go in the company's Bay Area.

The remaining three in-house massage therapists came from Irvine, Southern California, and Los Angeles. Per the filings, out of the 12,000 employees, 1,845, or around 15% of the layoffs, came from California.

The layoffs came while the company delayed 20% of its 2022 full-year-end bonuses, with its new timeline being in March. On top of this, the company is being sued by the US Justice Department over its dominance when it comes to the digital advertising market, which is worth $626.86 billion.

Google said that employees in the US would still be paid for a minimum of 60 days throughout the notification period.

See flow at unusualwhales.com/flow.

Other News:

Resources:

CNBC

tastytrade logo+
Get the best broker for options trading and earn Unusual Whales discounted! in cash with an eligible account deposit at tastytrade. Get an Unusual Whales bonus when you deposit $2000. Offer expires 3/31/25. Certain restrictions, terms and conditions apply.
Unusual Whales does not confirm the information's truthfulness or accuracy of the associated references, data, and cannot verify any of the information. Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Options, investing, trading is risky, and losses are more expected than profits. Please do own research before investing. Please only subscribe after reading our full terms and understanding options and the market, and the inherent risks of trading. It is highly recommended not to trade on this, or any, information from Unusual Whales. Markets are risky, and you will likely lose some or all of your capital. Please check our terms for full details.
Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Certain investment planning tools available on Unusual Whales may provide general investment education based on your input. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your legal or tax professional regarding your specific situation. See terms for more information.