Market Chatter: Alphabet's Google Expands Voluntary Employee Exit Packages to Five More Countries
MT newswire2026/11/04 10:07Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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06:07 AM EST, 11/04/2026 (MT Newswires) -- Alphabet's Google (GOOGL, GOOG) expanded its voluntary employee exit program to certain workers in Canada, France, Germany, Japan and Switzerland in June, Reuters reported Wednesday, citing the company. Google said it introduced voluntary exit packages with severance in some teams in 2025 before expanding the program to selected countries this summer. Google Cloud and DeepMind employees were excluded from past offers, and the latest expansion appears to follow the same pattern, according to the report. In Switzerland, some employees started leaving in August after receiving voluntary exit offers, which include one month's salary for each year of service, up to a maximum of 12 months, the report said. The program covered multiple divisions but excluded DeepMind, three sources said. Google did not immediately respond to requests for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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