Google, Amazon, Meta, Microsoft and Twitter have all cut jobs. Here’s who offers the most generous package

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Google is cutting 12,000 employees, becoming the latest tech company to cut its workforce.

The wave of mass job creation in the tech industry began last fall, when slower revenue growth is expected as the economy shrinks.

The nearly 25-year-old tech giant will offer employees 16 weeks of pay, plus two weeks for each additional year at Alphabet’s subsidiary GOOGL. The cuts began on January 20.

The severance package also includes paying six months of health insurance, job placement services and immigration support for those affected, plus bonuses for 2022 and remaining vacation time. Google is also speeding up at least 16 weeks of GSU vesting. GSUs are certificates representing shares of Alphabet.

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