Washington, Sep 08: Google CEO Sundar Pichai has hinted that there could be further job cuts if the company does not become 20 percent more efficient. Explain that three weeks before this, the Google CEO had warned its employees that if the third quarter results did not come as expected, the company would lay off employees. Google employees are under immense pressure to deliver strong third-quarter earnings results.
If the number of employees increased, the company slowed down
Addressing the Code conference in Los Angeles, he gave details on how the company would deal with the slowdown amid economic uncertainty and a broader slowdown in ad spending, a CNBC report said. Pichai said that the macroeconomic performance of ad spending is linked to consumer spending. Pichai acknowledged that the company has ‘slowed down’ after increasing headcount, while macroeconomic factors are beyond its control.
The need for personnel to increase the productivity of the company
Sundar Pichai said that we need only such personnel who can increase the productivity of the company. “Whatever we do, we can be slow to make decisions,” Pichai said at the event. “You look at it from start to finish and figure out how to make the company 20 percent more productive,” he said. Pichai gave an example of how he plans to take this forward. He also gave the example of combining YouTube Music and Google Play Music into one product.
There may be huge cuts in Google
Along with this, giving another example, he said that if you have three decision-makers then it can be reduced to one or two. Let us tell you that in August, Google told employees in a company mail that now there will be a complete investigation of the productivity of sales and productivity in general and if the results of the next quarter do not look right, there may be huge layoffs. For this, he also used the phrase ‘Blood on the Street’.
Google slowed down the restoration process
Let us tell you that in the month of July, Sundar Pichai said in an email sent to the employees of the company that the company is going to slow down its restoration process. In the years 2022 and 2023, the company’s focus will be only on the restoration of engineering, technical experts, and important posts. Sundar Pichai wrote in the email, “Like other companies, we are not immune to economic adversities. We cannot ignore the uncertain global economic landscape. We have always seen such challenges not as obstacles but as opportunities. We will also convert the current circumstances into opportunities.