Google offers buyout: Why is the tech giant paying employees to leave?

Google on Tuesday is trimming its workforce by offering buyouts to employees across several divisions. The layoffs target teams across the company’s knowledge and information (K&I) unit, central engineering units as well as marketing, research and communications teams, reported CNBC.

The “voluntary exit program” applies to the US-based employees. Some teams are also making it mandatory for remote employees who live within 50 miles of the company to come back to the office, according to the report.