‘Kick in the chest’: Ex-Googler after company miscalculates stock severance
Google has made an error in the calculation of stock severance for laid off staff, according to a report by Business Insider. A former google employee, who wished to remain anonymous, told Business Insider that the news of receiving 40% less stock than expected was a ‘second kick in the chest’ in a span of three weeks. On January 20, Google had announced its biggest layoffs till date and had sent employees details of their individual severance package. The former member of the engineering team said that although the number of stocks allotted initially seemed a lot, it felt like Google was making an effort to ‘take care’ of the employees, who were dealt a big blow with the job cuts. The severance package included continued salary for a minimum of 16 weeks, plus two additional weeks for each year the person worked at Google.
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