Wednesday, April 30, 2025

Google offered 4x (300% hike) to retain the employees

- Advertisement -

According to BT report, American multinational technology company, Google recently offered 4x (300% hike) the salary to an employee who was considering a position at Perplexity AI.

However the employee in question was not directly involved with Google’s AI division and instead worked on the search team.

During an episode of The Big Technology Podcast, Aravind Srinivas, CEO of Perplexity AI shed light on the extensive measures taken by big tech companies like Google to retain their employees.

Pointing to the issue of adopting new technologies including AI he highlighted that it takes some while to change habits and adapt to the new technologies.

Moreover, Aravind Srinivas addressed the subject of job cuts within the technology industry. He expressed concerns regarding the ambiguous standards that companies employ to decide which employees are to be laid off.

Recently, Google has launched the AI Opportunity Initiative for Europe.

This initiative aims to equip Europe’s workforce with the necessary training and skills, enabling individuals and nations to successfully embrace the opportunities presented by AI.

Europe has the potential to take the lead in utilizing artificial intelligence (AI) to build a robust and fair economy, resulting in more efficient industries, meaningful employment opportunities, and the emergence of new types of jobs.

In 2015, the company launched “Grow with Google” offering free training to help address the EU’s digital skills gap. In the years since, the company has trained over 12 million people across Europe in digital skills — in partnership with governments, small business associations, trade unions, NGOs, and local communities.

As part of the new AI Opportunity Initiative for Europe is working in partnership with governments and local communities, the company is providing a range of foundational and advanced AI training to support vulnerable communities, startups, and everyone.

Earlier in December several media reports suggested Google’s advancement in artificial intelligence may result in restructuring the ad sales department, which may impact employees from the ad sales unit at Google.

The advancement and introduction of new AI-based tools will automatically suggest and create new ads that perform well for customers.

As a result, the company plans to automate certain jobs in the ad sales and customer service department. Google ad sales unit consists of 30,000 people and AI advancement has risked the jobs of the employees.

Earlier in January Google announced to reduce the workforce by approximately 12,000 roles. The layoffs are nearly 6% of the total workforce.

Note: We are also on WhatsApp, LinkedIn, and YouTube, to get the latest news updates, Join our Channels. WhatsApp– Click hereto subscribe to YouTube – Click Here, and for LinkedIn– Click Here.

Editorial

Why TCS Deferred FY25 Salary Hike: Better Hike Ahead?

TCS had initially announced its annual salary hike during...

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

Employee Benefits at India’s Big 4 Firms Deloitte, PwC , EY, KPMG

The Big 4 firms; Deloitte, PwC (PricewaterhouseCoopers), EY (Ernst...

TCS Announces 4-8% Salary Hike for FY25, Lowest in Last 4 Years

Tata Consultancy Services (TCS), India's largest IT services provider,...

Must Read

Capgemini launches 6G research lab in India

a multinational information technology services and consulting company, Capgemini has...

EPFO to credit interest of FY 2020-21 very soon, the process is in pipeline

EPFO (Employees’ Provident Fund Organisation) is likely to credit...

TCS, Infosys, Wipro: Can ex-workers join rivals?

Infosys has a non-compete clause in the offer letters...

Deutsche Bank to onboard 1,000 employees this year

Deutsche Bank to onboard 1,000 employees this year Deutsche Bank...

Air India owner Tata Sons to retain all employees for at least 1 year

The new owners of Air India, Tata Sons will have to...

Myntra Chief Executive Officer Amar Nagaram quits

Amar Nagaram, Chief Executive Officer of Myntra has quit...

KPMG US elevates Selina Stroschein as Sr. Director – HR Business Advisor

One of the world’s leading professional services firms and...

Related Articles

SightsIn Plus
SightsIn Plushttps://sightsinplus.com/
SightsIn Plus is an India’s leading high-quality people-focused monthly HR Magazine and provides up-to-date HR News, Leadership Announcements, Best HR Practices and Insights by Global CHROs, CEOs, HR Advisors, Business Managers and HR Heads on topics of interest to HR professionals. To subscribe SightsIn Plus, HR Magazine please visit- https://sightsinplus.com/subscribe/