Google employees express concern about lay-offs

Google executives are telling their employees to shape up or ship out, warning that lay-offs are coming if results don’t meet expectations.

Employees who work in the Google Cloud sales department said that senior leadership told them that there will be an “overall examination of sales productivity and productivity in general.”

If third quarter results “don’t look up, [then] there will be blood on the streets,” according to a message conveyed to the sales team. The warning was first reported by Insider.

Employees told the news site that they are fearful of lay-offs after the company quietly extended its hiring freeze this month without making an announcement, the NY Post reports.

The Post has sought comment from Google.

Google CEO Sundar Pichai told his employees in an all hands meeting late last month that they needed to improve their focus and productivity due to fierce economic headwinds that have forced widespread belt-tightening all throughout the technology sector.

Mr Pichai said that he wanted to solicit ideas from his employees on how to get “better results faster.”

“It’s clear we are facing a challenging macro environment with more uncertainty ahead,” Mr Pichai said.

“There are real concerns that our productivity as a whole is not where it needs to be for the head count we have.”

The search engine also announced a two-week hiring freeze last month, but so far it has not reversed its decision — prompting employees to fear the worst, according to Insider.

Since Mr Pichai’s comments, “everyone has been talking about the company tightening its belt,” one employee told Insider.

Google isn’t the only tech company that has put its employees on notice.

Mark Zuckerberg, the CEO and founder of Facebook’s parent company Meta, blamed “one of the worst downturns that we’ve seen in recent history” for a series of cost-cutting measures, including a hiring freeze.

Mr Zuckerberg also made it clear that the company will part ways with employees who do not perform up to par.

“Realistically, there are probably a bunch of people at the company who shouldn’t be here,” Zuckerberg told an all hands meeting in late June.

Facebook’s social media rival Twitter recently rescinded a job offer to a Palo Alto man as part of the San Francisco-based company’s cutting back on hiring.

Twitter CEO Parag Agrawal informed employees of the hiring pause in a message earlier this year, citing a recent lag on growth and revenue targets.

The company has been thrown into turmoil since Tesla CEO Elon Musk agreed to buy it for $US44 billion — only to back out of the deal. Twitter is now suing Musk in an effort to enforce the terms of the agreement.

This article originally appeared on NY Post and was reproduced with permission

Originally published as ‘There will be blood on the streets’: Google employees warned of lay-offs after hiring freeze

Read original article here

Denial of responsibility! Toys Matrix is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – admin@ toysmatrix.com . The content will be deleted within 24 hours.

Leave a comment
My title Page contents