Google is initiating buyouts across multiple divisions as part of cost-cutting measures in response to legal challenges regarding its search engine's monopoly status. A spokesperson confirmed the company is streamlining its workforce and proposing voluntary exit options for employees. This action coincides with a pending federal court decision that could impose significant restrictions on Google's business practices, including limitations on payments to secure its search engine's dominant position. The buyout program appears to be part of a larger trend of workforce reductions in the tech industry.
Google is offering the buyouts while awaiting for a federal judge to determine its fate after its ubiquitous search engine was declared an illegal monopoly as part of nearly 5-year-old case by the U.S. Justice Department. U.S. District Judge Amit Mehta is weighing a government proposal seeking to ban Google paying more than $26 billion annually to Apple and other technology companies to lock in its search engine as the go-to place for online information.
Earlier this year, some of our teams introduced a voluntary exit program with severance for U.S.-based Googlers, and several more are now offering the program to support our important work ahead,
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