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Google extends voluntary buyout offers to employees in several countries

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Egyptian Gazette
Home Technology

Google extends voluntary buyout offers to employees in several countries

by News Wires
November 4, 2026
in Technology
Google extends voluntary buyout offers to employees in several countries 10 - Egyptian Gazette
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ZURICH – Alphabet’s Google (GOOGL.O) has expanded employee buyout offers to several ‌countries this year as it looks to rein in rising costs amid heavy spending on artificial intelligence, Reuters reported.

The search engine company confirmed to Reuters that it began offering voluntary exit packages in June to some employees in Canada, France, Germany, Japan ​and Switzerland.

Reuters could not determine how many employees have accepted the latest round of offers, which ​had not previously been reported.

“In 2025, some of our teams introduced a voluntary ⁠exit program with severance,” a Google spokesperson said in a statement. “This past summer, in June, we expanded ​this program globally in a few countries to support our important work ahead.”

The move comes amid mounting AI spending ​that has unnerved Wall Street and dented Alphabet’s stock price. Microsoft (MSFT.O) last week offered voluntary buyouts to 60,000 employees in an effort to contain costs.

Alphabet’s workforce has grown steadily in recent quarters, but it has sought to shift resources toward priority areas.

The ​latest buyouts follow voluntary exit programs offered since last year to employees in some divisions in the ​US and Britain. Executives have described the program as an option for employees who no longer feel aligned with the ‌company’s ⁠pace or direction.

In at least one case, the company followed its voluntary offers to a division with a round of layoffs.

Chief Financial Officer Anat Ashkenazi has repeatedly highlighted AI and cloud computing as key hiring priorities in quarterly earnings presentations. Employees in Google Cloud and AI unit DeepMind have been excluded from past buyout ​offers.

The latest expansion appears to ​follow the same pattern.

In ⁠Switzerland, where Google employs about 5,000 people and has a major engineering hub in Zurich, three people familiar with the matter said the program covered multiple ​divisions but excluded DeepMind.

Employees began leaving in August after Google offered voluntary exit ​packages in ⁠the country, the people said.

Google announced the packages in mid-June and gave responses by mid-July to employees who applied, they said. Staff who accepted received one month’s salary for each year of service, up to a maximum ⁠of 12 ​months.

Tags: EmployeesGoogle
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