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Google expands employee buyouts in 5 countries amid heavy AI spending and cost control efforts

05 Nov 2026, 06:16 WIB
Fox Business
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Bearish
Google expands employee buyouts in 5 countries amid heavy AI spending and cost control efforts

Google has extended its voluntary employee buyout program to workers in Canada, France, Germany, Japan, and Switzerland as part of efforts to manage costs while investing heavily in artificial intelligence. The program offers severance pay to employees in less prioritized areas, allowing those uncomfortable with Google's future direction to leave voluntarily. This move follows similar buyouts in the U.S. and Britain and comes amid Alphabet's significant AI investments that have concerned investors and pressured its stock. Google continues to hire in AI and cloud computing, signaling a strategic shift to focus resources on these growth areas.

Google's move to expand voluntary buyouts in several countries highlights its strategic shift amid heavy AI investments. On Pluang, Alphabet Inc Class A (GOOGL) shares trade at USD 287.35, up 2.61% as of Nov 05, 2026 11:31 WIB. The stock has a market cap of $3.43 trillion and shows balanced order activity with 49% selling and 51% buying, reflecting ongoing investor interest despite recent cost-cutting measures.

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