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Google miscalculated stock severance, apologizes to laid-off workers

  • Google has made an error in the calculation of the stock severance which was to be received by its recently laid-off employees. The miscalculation occurred because the company counted the stock grants twice.
  • Affected employees received tens of thousands of dollars less than initial estimates, causing disappointment.
  • Employees have accused the company of creating confusion due to lack of clarity in initial emails.
  • Google apologizes for incorrect stock severance information in initial email, confirms correct information on support site and detailed documentation.

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