Google Layoffs: Google’s new plan will get special opportunity to the employees of Finance Department

News India Live, Digital Desk: Google layoffs: Nowadays, after hearing the word ‘layoffs’ in the tech sector, every employee’s heartbeat increases. When a big company like Google is also preparing for retrenchment, there is a stir everywhere. But this time Google has found a different way, so that employees can avoid ‘termination’ directly. The company has proposed to some employees to ‘Voluntary Exit Program’, ie, ‘Plan to quit jobs’. This simply means that you will get money and you will get a chance to quit the job, but it will not be a tough decision like ‘trimmed’.

What is this program and who is getting this option?

Indeed, this program is being introduced to those employees associated with Google’s Finance Department, whose roles have perhaps ‘less important’ or ‘less effective’ according to the company’s strategic requirements. The company has given an option to the employees: either they find other roles and install themselves afresh, or leave the company with a good money by joining the ‘Voluntary Exit Program’.

This also applies to employees whose current finance operations roles are going to shift to global and Asia Pacific regions. Such employees will be trained on how they can change the new finance roles, and if they are not able to do so, they will be given a chance to choose a voluntary program.

Why is the company doing this?

1. Reskilling and upskilling: Google wants to mold its workforce according to future needs. It gives training and new opportunity to employees who have not been able to update their skills.

2. Cost Cutting: The better and affordable than the recruitment of new employees is that employees are given the option of voluntary exit, so that the company can control its labor cost.

3. Creating more ‘optimized’ tasks: Google now wants to create a task force that is even more efficient, effective and friendly.

What will employees get from this program?
Employees who have been proposed, if they accept it, will get a great financial help, and also help in finding jobs in outside companies.

This program shows that big companies are now giving the employees a respectable and economically safe exit, which is a positive change. For those employees, this is an opportunity that they can prepare for the future or choose a new direction, without ‘Leoff’ tags.

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