In its quarterly income free up, Google published that the corporate spent $2.6 billion in fees associated with discounts within the group of workers and administrative center house.
Two billion and counting
Google stated that for the reason that layoffs have been introduced in January, the affect may also be noticed within the first quarter of 2023. “We recorded employee severance and related charges of $2.0 billion, representing the majority of expected costs associated with this action,” stated the corporate. .
Google additionally determined to take a number of steps to “optimize” its world administrative center house. As in step with the quarterly income free up, Google “recorded charges related to office space reductions of $564 million in the first quarter of 2023.” That’s now not it as Google stated it would charge the corporate extra within the non permanent because it continues to judge its actual property wishes around the globe.
The tech large has minimize down on some products and services for its workers. For example, some workers who have been previous eligible to Apple MacBooks will mandatorily have to make use of Chromebooks. Some different perks have been additionally slashed and workers have been additionally requested to proportion desks in a couple of Google places of work.
On the quarterly effects, Pichai stated, “We are proud of our trade efficiency within the first quarter, with Search appearing smartly and momentum in Cloud. We presented vital product updates anchored in deep pc science and AI.