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Google exec fired after female boss groped him at drunken bash: Reports
- A former Google executive is suing the company, claiming he was fired after rejecting a female boss's advances at a work dinner.
- The lawsuit alleges that the boss groped the executive, made sexually charged comments, and retaliated against him.
- The ex-employee alleges that the company's HR department did not take action after he reported the incident.
- The executive was later fired by Google, with the company citing a lack of "inclusivity."
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Google CEO Sundar Pichai to experience significant reduction in salary following layoffs of 12,000 employees
- Sundar Pichai, CEO of Google's parent company Alphabet, will take a pay cut as part of the company's cost cutting measures.
- Top Google executives will also experience significant reductions in their annual bonuses.
- The pay cuts are linked to the company's performance for senior roles.
- The news comes after Google announced the largest round of layoffs in the company's history and amid similar downsizing measures from other tech giants like Microsoft, Amazon, and IBM.
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Why are employees fired by Sundar Pichai calling themselves the 'Golden 12K'?
- Former employees of Google who were laid off, are calling themselves the 'Golden 12K'. This term was coined by one of the impacted employees.
- The employee who came up with the term explained that the name was chosen because, despite being laid off, they had gained valuable experience during their time at Google.
- Google announced plans to lay off around 12,000 employees worldwide earlier this month. The term 'Golden 12K' is a reference to the number of layoffs.
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Google techie laid off right after taking leave for mother's death, expresses pain on LinkedIn
- A software engineer was fired by Google shortly after returning to work following the death of his mother in December.
- The individual, Tommy York, expressed feelings of betrayal and disrespect in a LinkedIn post.
- Despite the negative experience, York expressed gratitude for being able to spend time with his mother before her passing.
- He also emphasized the importance of not overworking for a company, prioritizing time for personal and family matters.
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Work for Money & Move On: Layoffs at Tech Giants leave disillusioned employees
- Google, Amazon, Microsoft, and Meta, previously considered as safe places to work, have recently carried out large layoffs.
- Google conducted the largest layoffs in its history, Microsoft announced it will lay off 10,000 employees in 2023
- Meta, which owns Facebook, Instagram, and WhatsApp, fired over 11,000 employees in November.
- Tech giants have faced backlash from employees over recent large-scale layoffs, with complaints of poor firing methods, lack of loyalty.
- Google is facing criticism for firing people despite a $17 billion net profit in Q3, and calls for the dismissal of CEO Sundar Pichai.
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Hedge fund billionaire asks Sundar Pichai to lay off 20% Google employees
- British billionaire Christopher Hohn, a hedge fund manager, has advised Google and Alphabet CEO Sundar Pichai to decrease the company's workforce in a letter.
- "The decision to cut 12,000 jobs is a step in the right direction, but it does not even reverse the very strong headcount growth of 2022", Hohn wrote.
- I believe the management should aim to reduce headcount to around 150,000... This would require a total headcount reduction in the order of 20 percent." he further added.
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Tech giants that have announced layoffs in recent weeks
- Google on Friday announced layoffs of 12,000 employees, representing 6% of its global workforce.
- Microsoft announced plans to reduce its workforce by cutting 10,000 jobs, representing nearly 5% of its total workforce, earlier this week.
- Amazon announced the layoffs of around 18,000 employees globally this week and Salesforce has also revealed plans to let go of 8,000 employees.
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'See you as 100% disposable': Employee laid off at 3 am after 16 years with Google
- An ex-Google employee named Justin Moore, revealed on LinkedIn that he was among the 12,000 workers laid off by the company.
- "Employers- especially big, faceless ones like Google- see you as 100% disposable. Live life, not work," he wrote.
- Moore, who had been an engineer at Google for 16 years, was laid off at 3am and his account was deactivated.
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Google parent Alphabet plans to cut 12,000 jobs or 6% workforce worldwide
- Alphabet, Google's parent company, announced it will cut 12,000 jobs, 6% of its global workforce, as tech firms retrench after years of growth and hiring.
- CEO Sundar Pichai announced global job cuts across the entire company in an email to employees, taking responsibility for the decision.
- Amazon and Microsoft have recently announced significant downsizing, cutting 18,000 and 10,000 jobs respectively.
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The world's 10 most valuable brands in 2023
- Amazon, owned by billionaire Jeff Bezos beats Apple to become world's most valuable brand at $299.3 bn as reported by Brand Finance.
- Apple is the second most valuable brand in the world, followed by Google, Microsoft, Walmart, Samsung, ICBC, Verizon, Tesla and TikTok.
- Tata Group is the only Indian company in the top 100 most valuable brands, ranked at 69th.
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