From Google to Amazon, tech giants offer up 1 year’s salary to encourage resignations

When lay off As has happened globally, some tech giants are struggling to let people into European countries.

In some European countries, firms cannot fire employees without first discussing the matter in “employee interest globally”.

According to their legislation, “companies are legally required to consult with these councils before laying off, which involves a potentially time-consuming process of data collection, discussion and the option of appealing”.

From now on, Google Seeking help from these groups in France and Germany to resolve layoff issues.

Google’s parent company Alphabet Inc has reportedly asked employees to voluntarily resign and receive a handsome severance package in France.

Apart from this, Amazon Inc is also offering a severance package of one year’s salary to some senior managers with 5-8 years of experience who voluntarily resign. The e-commerce giant is also offering, “leave to departing employees so that their shares can vest and be paid as bonus”.

In Germany too, Amazon is firing employees who are on probationary period and giving them the option of voluntarily resigning.

Separately, Google is planning to cut 500 of its employees in the UK. These employees will be offered confidential severance packages.

Last week, Amazon.com Inc. laid off nearly 100 employees in its video-game divisions as part of its broader cutbacks, affecting employees at Prime Gaming, Game Growth and the company’s San Diego studio.

Amazon has struggled to capitalize on its resources in gaming, which also includes The Crown Channel, an entertainment show on the Twitch streaming service. Twitch recently cut about 400 positions. The company has canceled and even removed titles from sale since the division began in 2012.

Mike Frazzini, the boss of Amazon Game Studios, stepped down last year. Veteran gaming executive John Smedley, who helped run the San Diego office, announced plans to leave in January.