Google Layoffs: CEO Sundar Pichai Refuses To Quell Upcoming Job Cut Fears, Says 'Tough to Predict Future'
Google and Apple are the only Big Tech firms remaining that have not announced any mega job cut globally. Pichai had said that Google would slow the pace of its hiring and make the company 20 per cent more efficient.
San Francisco, December 12: Google is reportedly bracing for a massive layoffs early next year and Alphabet and Google CEO Sundar Pichai has reportedly offered no assurance to worried Google employees that it won't happen.
In a companywide meeting with staff, Pichai said "it's really tough to predict the future, so unfortunately, I can't honestly sit here and make forward-looking commitments", reports Insider. PharmEasy Layoffs: Indian Healthtech Startup Sacks More Employees Amid Funding Crunch.
He told employees that what the company is trying hard to do "is to make important decisions, be disciplined, prioritise where we can, rationalise where we can, so that we are set up to better weather the storm, regardless of what's ahead".
"I think that's what we should focus on and try and do our best there," Pichai added. Google did not immediately comment on the report. Several Big Tech companies including Meta, Twitter, Cisco, Intel, Amazon and HP Inc have slashed jobs or announced plans to do so.
Google and Apple are the only Big Tech firms remaining that have not announced any mega job cut globally. Pichai had said that Google would slow the pace of its hiring and make the company 20 per cent more efficient.
A report last month claimed that Alphabet is gearing up to lay off about 10,000 "poor performing" employees, or 6 per cent of its workforce. According to a report in The Information, Google plans to ease out 10,000 employees through a new ranking and performance improvement plan.
Under the new system, managers have been asked to categorise 6 per cent of employees, or roughly 10,000 people, as low performers in terms of their impact for the business. Morgan Stanley Layoffs: Global Investment Advisory Firm Lays Off About 1,600 Employees Amid Global Economic Meltdown.
Alphabet has a workforce of nearly 187,000 employees.\ Google has suspended hiring new employees and reportedly told some existing employees to "shape up or ship out" if expectations are not met.
(The above story first appeared on LatestLY on Dec 12, 2022 06:37 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).