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Sundar Pichai, the CEO of Google, recently said that the company had too many employees but not enough jobs. He also gave his staff a warning to work quickly and concentrate more on ways to enhance their products and serve customers. Google is now reportedly notifying staff of layoffs, according to a report from Business Insider.
According to the story, some of the company's top executives have warned staff members that they must either show results or prepare for "blood on the streets." In essence, the managers implied that if workers do not improve their performance, they should simply get ready for layoffs. Additionally, these officials stated that the upcoming quarterly earnings will determine whether or not layoffs would take place.
An "overall evaluation of sales productivity and productivity in general" has been threatened, according to the publication, and Google staff have been warned not to "look up" or "there will be blood on the streets" if the upcoming quarter's performance are poor.
Well, things haven't been going well at Google lately. The software juggernaut imposed a hiring freeze a month ago in light of the continued economic slowdown. Employees feared layoffs even if Google didn't formally discuss them at the time. That's also due to a number of other Big Tech companies, including Netflix and Microsoft. Microsoft recently let go of close to 2000 workers, possibly as a cost-cutting tactic.
The CEO of Google requested staff members for suggestions on how to achieve "better results faster" and urged them to increase productivity last month. Pichai was cited as adding, "There are legitimate worries that our productivity as a whole is not where it needs to be for the head numbers we have."
Google has halted hiring for two weeks to examine its personnel and determine its future course of action. The corporation later extended the duration of the hiring ban.
