Big Techs next round of layoffs could start with volunteers
News Source : Business Insider
News Summary
- Voluntary buyouts are having a moment in Big Tech.
- Workers at Google recently pressed the search giant to make the exit offers a standard first step whenever it plans job cuts.
- Microsoft, meanwhile, launched its first broad voluntary retirement program this past spring.
- The developments are raising broader questions in tech, where many once-scrappy startups are now sprawling corporations.
- "Buyouts are becoming increasingly compelling for older Silicon Valley companies," said Laszlo Bock, a former Google head of human resources.
Some Google employees are rallying for voluntary buyouts to be offered before layoffs.
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