250 employees of Tech giant google in Zurich have walked out in protest of colleagues’ layoffs.
The IT union Syndicom is representing the employees and the walkout started at 11:00 am. The company employees want the officials to have a conversation with workers so that the alternatives to layoffs can be presented.
A Syndicom spokesperson said, “Our members at Google Zurich and all employees joining the walkout are showing solidarity with those laid off.”
The reports suggested that nearly 2,500 employees wanted to lower their salaries and hours to stop the job layoffs in Switzerland. However, Google rejected the employee’s request.
“They are especially disappointed that Google is laying off workers at a time when the company is making billions in profit every year,” the representative added.
Google’s Zurich office has around the strength of 5,000 employees. Recently in January, Google parent Alphabet announced the sack of 12,000 employees.
The company CEO took responsibility for the layoffs.
Google’s China division also laid off employees. The layoffs reported at the China office mainly affected high-paid senior employees.
The layoffs will reset the salary standard and reduce operating costs while improving overall work efficiency. Additionally, Google also laid off 453 employees from various departments in India.
So far in 2023, there have been 647 layoffs at tech companies with 175,018 people impacted (2,334 people per day). In 2022, there were 1,535 layoffs at tech companies 241,176 people were impacted.
Earlier, Google’s CEO admitted that the future is unpredictable. The development of either layoff or hiring slowdown comes after IT companies, crypto exchanges, and financial firms cut out jobs and slow down the hiring process due to slow global economic growth caused by higher interest rates, and rising inflation.
Recently, Google CEO Sundar Pichai & Senior Executives to Take Pay Cuts as part of the company’s cost-cutting measures. He clarified that the supposed cut would be a very significant reduction in their annual bonus.
