Savings

Googlers prize 'psychological safety,' but it won't save them from layoffs

9 days ago   |   By Business Insider

Google is cutting 6% of its workforce. Getty Images
Some Google employees said the company's layoffs violated its commitment to psychological safety.
But psychological safety describes the freedom to take risks and make mistakes - not job security.
Still, Google's handling of the layoffs may hurt trust and innovation within the organization.
Few companies can guarantee employees that they'll have jobs forever - even Google. The tech behemoth has long been touted as one of the best workplaces in the US. And according to the company , that's in part because it cultivates " psychological...
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Microsoft And Amazon To Layoff A Total Of 28,000 Employees - Why We Are Seeing Some Of The Highest Layoffs In Tech History

9 days ago   |   By Forbes

Microsoft and Amazon are the latest tech companies to announce major layoffs. Here's what it means for workers and investors.
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A major Alphabet investor said the company should cut even more jobs and address 'excessive' pay in the wake of mass layoffs

9 days ago   |   By Business Insider

Alphabet CEO Sundar Pichai. KENZO TRIBOUILLARD/AFP via Getty Images
Alphabet investor TCI is urging the company to "go further" in cutting jobs and reducing spend.
A letter from TCI to CEO Sundar Pichai said "excessive employee compensation" should be addressed.
Google's parent company announced on Friday that it was cutting around 12,000 roles.
A major Alphabet investor urged Google's parent to cut more jobs and reduce staff pay on the same day it announced it would lay off around 12,000 staff. The Children's Investment Fund Management wrote a letter to Alphabet and Google CEO Sundar...
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