Google executives threaten workers with layoffs, say ‘there will be blood in the streets’: report
Last month , Alphabet Corporation The Google The Google It announced a hiring freeze due to global economic uncertainty.
According to a new Business Insider report, the company does not appear to be backing down on the hiring freeze, and employees are concerned about the decision.
Top Google cloud sales executives are telling their employees to adjust, warning that layoffs could occur if results don’t meet expectations, according to Business Insider.
The leadership team told them that there would be a “comprehensive check of sales and productivity in general.”
According to the report, the warning says – if third-quarter results are “not looking, [then] There will be blood in the streets.”
According to a CNBC report, Google launched an effort called “Simplicity Sprint” to increase efficiency and improve employee focus amid the overall uncertainty.
Read also: Google agrees to pay $118 million to settle lawsuit filed by female employees
Last month, during a meeting of all hands, CEO Sundar Pichai I acknowledge that Google’s productivity was nowhere near as large despite the headcount, reflecting a challenging macro environment with more uncertainty ahead.
He said he wanted to solicit his employees’ ideas about “getting better results faster.”
Recently, Pichai shared his plans for a slowdown in hiring and investment to 2023, telling employees to work with “more urgency” and “more hunger” than appears “on sunny days.”
Google is not alone in facing the wrath of the economic slowdown. Last month Meta platform inc dead Executive Director Mark Zuckerberg He told employees that the company plans to reduce its hiring target for engineers from 10,000 to between 6,000 and 7,000 amid the market downturn.
“Realistically, there’s probably a bunch of people in the company that shouldn’t be here,” Zuckerberg said.
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