*By Jim Roberts*
Google acknowledged on Thursday that it had fired 48 people over the past two years for sexual harassment, including 13 senior managers or higher.
CEO Sundar Pichai disclosed the terminations hours after the [New York Times](https://www.nytimes.com/2018/10/25/technology/google-sexual-harassment-andy-rubin.html) reported that the company had paid a $90 million exit package to former exec Andy Rubin in 2014, even after an employee accused him of sexual misconduct.
According to the Times, Rubin was one of three high-ranking executives that Google protected ー and paid millions of dollars to ー over the past decade after accusations of sexual misconduct. One of the executives, David Drummond, has remained at the company and is now chief legal officer of Google’s parent company Alphabet ($GOOGL).
In a letter sent to employees Thursday afternoon [obtained by CNBC](https://www.cnbc.com/2018/10/25/google-ceo-memo-says-48-fired-for-sexual-misconduct.html), Pichai said the Times’ article “was difficult to read.” He went on to say that Google was “dead serious” about providing a “safe and inclusive workplace.”
He said the company had taken an “increasingly hard line on inappropriate conduct by people in positions of authority” and had terminated 48 people as a result. “None of these individuals received an exit package,” he said.
In addition Pichai said Google would require vice presidents and senior vice presidents to “disclose any relationship with a co-worker regardless of reporting line or presence of conflict.”
The letter was co-signed by Eileen Naughton, Google's VP of people operations.
Pichai sent his letter to the staff shortly before Google announced third-quarter revenues, which came in below Wall Street expectations.
Jade Warshaw, personal finance expert and co-host of 'The Ramsey Show, joined Cheddar News to provide tips on how to save on engagement rings and to look at cheaper alternatives.
As the country watches the financial situation and monitors decisions from the Federal Reserve, many may be re-evaluating what to do with their money, with interest and mortgage rates at some of the highest levels seen in decades. Mark Hamrick, Washington bureau chief and senior economic analyst with Bankrate, joined Cheddar News to provide tips on your money management as monetary policy continues to change.
A Dutch recruitment firm found that only 42% of employees who have been laid off this year actually received severance, down from 64% who received severance in 2021.
Direct deposit delays due to a human error that happened last week have resulted in some customers still not receiving their paychecks.
Nestle is reportedly investing $100 million in food delivery startup Wonder Group.
Arturo Béjar testified before a Senate subcommittee on Tuesday about social media and the teen mental health crisis, hoping to shed light on how Meta executives, including Zuckerberg, knew about the harms Instagram was causing but chose not to make meaningful changes to address them.
Nike is suing two of its competitors for alleged patent infringement.
Uber missed analysts' projections for earnings per share and revenue this past quarter. Cheddar News takes a closer look at the numbers and explains what to expect for the rest of the fiscal year.
Cheddar News breaks down some of the top business stories to look out for, including WeWork's bankruptcy filing and fast-fashion retailer Shein reportedly expecting a $90 million valuation upon its market debut. Plus, a new EV truck will have a backup gas generator.
WeWork has filed for Chapter 11 bankruptcy protection.
Load More