Google has offered a voluntary exit package to some of its staffers if they are not ‘enjoying’ the pace of work. The offer would be available for certain teams within the global business organisation — except the US customer sales teams and other customer-facing roles. The update came even as the company continued its massive AI spending drive this month.
“We’re starting the year in a strong position thanks to everything you accomplished in 2025. But the game is dynamic, the pace is electric, and the stakes are high,” Business Insider quoted chief business officer Philipp Schindler as saying in an internal memo.
He insisted that everyone in the GBO needed to be “all in” when it came to the Google mission — reiterating a call for “embracing AI to have even greater impact”. Schindler said the company would offer a way out to employees who weren’t “enjoying the pace we need to operate in” or feel “ready to move on from Google”. The offer reportedly stands for US employees working on solutions teams, sales, and corporate development.
Alphabet leads AI investment rush
According to a recent Reuters report, the Google parent is set to price a rare 100-year bold to raise a billion pounds. The publication cited a memo from the lead manager to add that Alphabet was selling 5.5 billion pounds’ ($7.53 billion) worth of sterling bonds in a five-part deal. The tech giant also raised 3.055 billion Swiss francs through a five-part bond sale spanning maturities of three to 25 years, according to a memo from a separate bookrunner. The Google parent also sold bonds worth $20 billion in a seven-part offering on Monday that mature every few years, starting in 2029, and go all the way up to 2066.
Big Tech’s pivot to the bond market has raised investor concerns as payoffs have not kept pace with the huge AI spending from US tech giants. Businesses adopting the technology have also far seen limited productivity gains.