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RE: LeoThread 2025-02-28 07:09

in LeoFinance14 hours ago

The latest cuts come after finance chief Anat Ashkenazi said one of her top priorities would be to drive more cost-cutting as Google expands its spending on AI infrastructure in 2025. After the company on Feb. 3 reported revenue that missed expectations for the fourth quarter, Ashkenazi said Google had strong demand for AI products and that it "exited the year with more demand than we had available capacity."

As part of the HR buyouts, employees who are level 4 and level 5 may receive a severance of 14 weeks of salary and one additional week for every full year of service, the memo says. Those are considered mid- to senior-level employees.