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Sundar PichaiCEO of Alphabet, said he was looking for Google be 20% more efficient and develop a plan to achieve this goal.
The news, which should be helpful, made his employees uneasy, fearing unforeseen layoffs.
Google’s plan to be more efficient
Due to the international macroeconomic situation, technology companies are trying to prepare for the so-called recession.
Pichai wants to achieve efficiency and increase advertising revenue through Googleaccording to the CEO, one of the most “insecure” due to the global recession.
“The more we try to understand macroeconomics, the more insecure we become about it,” Pichai comments at the Code Conference. “Macro results are linked to advertising spending, consumer spending and more,” he added.
“We want to make sure that as a company, when you have fewer resources than before, you prioritize all the right things to work on and your employees are really productive and can really make a difference in what they work on. on,” he says. Pichai.
Google illustrates this decision by merging two streaming platforms she owned, YouTube Music.
Google layoffs coming?
Sundar Pichai emphasized the fact that Google It was one of the companies that experienced the largest increase in the number of employees, which affected “the speed of decision making.”
“Sometimes there are areas where progress needs to be made because the decisions are made by 3 people. Understanding this and reducing the number of people to 2 or 1 increases efficiency by 20%, ”the manager gives an example.
What has been said suggests layoffs to achieve the goal of efficiency gains. In addition, the company reported lower-than-expected results in the second quarter due to higher payroll costs.
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Source: RPP
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.