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The Google logo is displayed during the Made By Google event at Google headquarters on August 13, 2024 in Mountain View, California. 

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Google employees have begun circulating an internal petition titled “job security” ahead of expected cost cuts this year, CNBC has learned.

The petition has been signed by more than 1,250 employees and was viewed by CNBC. It is the latest sign of employee upheaval at Google, which has struggled to maintain high morale among its workforce after a year filled with embarrassing product rollouts, worker protests sparked by controversial enterprise contracts and continued rounds of layoffs that stretch back to 2023 and are expected to continue. 

“We, the undersigned Google workers from offices across the US and Canada, are concerned about instability at Google that impacts our ability to do high quality, impactful work,” the petition says. “Ongoing rounds of layoffs make us feel insecure about our jobs. The company is clearly in a strong financial position, making the loss of so many valuable colleagues without explanation hurt even more.”

New CFO Anat Ashkenazi said in October that one of her top priorities would be to drive more cost cutting as Google expands its spending on artificial intelligence infrastructure in 2025.

“Any organization can always push a little further and I’ll be looking at additional opportunities,” she said, referring to cost cutting, which sparked an internal reaction. Shortly after Ashkenazi’s statements, employees pressed executives for clarity but weren’t given any more details on Ashkenazi’s plans.

The petition calls on Google CEO Sundar Pichai to offer buyouts before conducting layoffs, to guarantee severance to employees that get laid off and to not give low performance review ratings for the purpose of removing employees. The petition also calls for Google’s leadership to offer voluntary buyouts before enacting layoffs.

In the petition, Google employees call on the company’s leadership to not “force” low performance reviews to justify removing certain employees. Results from the company’s annual performance review process, known as Google Reviews and Development, or GRAD, are expected soon.

The company does not have forced rating distributions for GRAD, and every employee is rated on their performance and impact based on their role, level and the expectations they set with their manager, a spokesperson for Google told CNBC.

The petition asks for guaranteed severance equivalent to what laid off employees were offered in January 2023. That year, Google laid off more than 12,000 employees. At the time, Google executives boasted of its severance package, which included 16 weeks salary plus two weeks for every additional year employees worked at the company.

Since then, Google has continued with more rounds of layoffs throughout its various division, and impacted employees have told CNBC that their severance packages have varied.

– CNBC’s Salvador Rodriguez contributed to this report.

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How Broadcom’s big OpenAI deal fits into the data center boom and what it means for the AI trade

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How Broadcom's big OpenAI deal fits into the data center boom and what it means for the AI trade

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Oracle CEO Magouyrk: ‘Of course’ OpenAI can pay $60 billion per year

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Oracle CEO Magouyrk: 'Of course' OpenAI can pay  billion per year

Oracle CEO, Clay Magouyrk, sits down with CNBC’s David Faber on Oct. 13, 2025.

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Oracle CEO Clay Magouyrk, one of the two people tapped last month to lead the software company, is confident that OpenAI will be able to cover the costs of the massive amount of cloud infrastructure services it consumes.

In an interview with CNBC’s David Faber at Oracle’s AI World conference on Monday, Magouyrk said “of course” OpenAI can pay $60 billion for a year’s worth of cloud resources. In July, OpenAI agreed to a five-year deal with Oracle that’s worth over $300 billion.

“Just look at the rate at which they’ve grown to, you know, almost a billion users. That’s just unheard of,” said Magouyrk, who sat alongside fellow Oracle CEO Mike Sicilia for the interview in Las Vegas.

OpenAI said last week that its flagship ChatGPT chatbot, which was publicly launched less than three years ago, now has 800 million weekly active users. In 2024, OpenAI recorded a $5 billion net loss.

Sicilia said Oracle has started integrating OpenAI artificial intelligence models into a patient portal for viewing electronic health records. Oracle acquired EHR vendor Cerner for about $28 billion in 2022.

“I’ve seen the results, and I really do think that they’re going to have a dramatic impact on industries, on enterprises of all types,” Sicilia said of OpenAI.

OpenAI rents out Nvidia graphics chips to run models through Oracle, as well as CoreWeave, Google and Microsoft. At the same time, the company is designing a custom AI processor that Broadcom will build. Earlier on Monday, Broadcom and OpenAI said they will jointly deploy 10 gigawatts worth of the new OpenAI chips.

Building out that much infrastructure requires a hefty amount of new energy.

“I think it’s a factor of time, not a factor of if we’ll have enough power,” Sicilia said.

Oracle shares rose almost 6% on Monday. The stock has gained 86% this year, lifting Oracle’s market cap close to $900 billion.

WATCH: Oracle CEO Magouyrk: ‘Of course’ OpenAI can pay $60 billion per year

Oracle CEO Magouyrk: ‘Of course’ OpenAI can pay $60 billion per year

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Quantum stocks surge after JPMorgan investing push into strategic tech

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Quantum stocks surge after JPMorgan investing push into strategic tech

Quantum computing background concept.

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The rally in quantum computing names continued on Monday after JPMorgan Chase announced it as one of the areas it would invest in as part of a new initiative.

The bank said in a release that it would invest up to $10 billion in companies across four areas: supply chain and advanced manufacturing, defense and aerospace, energy technology, and frontier and strategic technologies — which includes quantum computing.

Arqit Quantum, D-Wave Quantum and Rigetti Computing each rose about 20%, while IONQ gained 15% following the announcement. Quantum Computing stock climbed 10%.

“It has become painfully clear that the United States has allowed itself to become too reliant on unreliable sources of critical minerals, products and manufacturing – all of which are essential for our national security,” said CEO Jamie Dimon in a statement.

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The initiative is part of a larger $1.5 trillion, decade-long plan, dubbed the “Security and Resiliency Initiative,” to finance and invest in industries JP Morgan deems critical to U.S. national and economic security.

As one of the 27 specified sub-areas the bank will be focusing on, quantum computing has seen gains as much as triple digits over the past month. Rigetti and D-Wave were up 175% and 130%, respectively.

Tech companies like Google, Microsoft, and Amazon have shown significant interest in gate-model quantum computing, which can potentially solve problems too complex for standard computers.

Rigetti and IONQ quantum computers are accessible through Amazon Braket, a quantum computing service managed by Amazon Web Services.

In February, Microsoft unveiled its first quantum computing chip called Majorana 1, and Google announced its new breakthrough quantum chip named Willow late last year.

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