When a company has fewer resources than before, Pichai explained,
“We want to make sure that we are prioritising all the right things to be working on and that our employees are really productive that they can actually have an impact on the things they’re working on. So that’s what we are spending our time on.”
To Start With,
Google and Alphabet CEO Sundar Pichai recently indicated he wants to make the firm 20% more efficient, and that could include personnel reductions, or layoffs, as it deals with a number of economic issues in addition to years of rapid growth. Pichai spoke on his plans to make the business more efficient in the face of impending economic uncertainties and a general slowdown in ad expenditure, of which Google has so far benefited the most. Follow the post for detailed information on Google Hints to Slash Workforce. Have a look on the article to get all the facts you need to know. Read: How to Free Up Space in Google Drev (Drive) in 2022?
“The more we try to comprehend macroeconomics, the more unsure we feel about it. The macroeconomic performance is tied to consumer and advertising spending, among other things”
– the Google CEO continued.
To Continue With,
Pichai stated on stage Tuesday,
“We feel quite uncertain about the macro-economic the more we attempt to comprehend.” According to a CNBC story, he also stated that “the macroeconomic performance is tied to ad spend, consumer spend, and so on.”
Pichai said the company has been “slower” as a result of its increased staff even though he claimed he regards macroeconomic reasons as being outside of his control.
“We want to make sure as a business, when you have fewer resources than before, you are prioritising all the right things to be working on and your employees are really productive that they can actually have an impact on the things they’re working on, so that’s what we are spending our time on,”
CEO Pichai also provided more detailed illustrations of how he expects to do that. He provided an earlier example of how Google Play Music and YouTube Music were combined into one offering.
Some Reports to Consider
In another instance, he said, “There are instances when we need to advance where three people are making decisions; seeing that and reducing it to two or one improves efficiency by 20%. With reference to “Simplicity Sprint,” a recent internal initiative launched to re-focus the expanding company and “achieve better outcomes faster,” conference host Kara Swisher reportedly questioned the Google CEO how he intended to make the company more efficient. The effort was made after Google revealed its second straight quarter of weaker-than-expected profitability and revenue, even though revenue is still increasing. Read Also: What to do when you don’t receive the payment of Google Adsense in your bank account?
Layoffs weren’t ruled out by the HR chief
HR director Fiona Cicconi reportedly recognised general industry worries about layoffs earlier in a July 2022 all-hands meeting, but she asserted that the company at the time was “not actively looking to cut Google’s overall staff.” We can’t be certain of the economy in the future, she did add.
The Final Take
Although executives were aware of the company’s rising bureaucracy at the time, early in the year, Google employees had given the company’s leadership particularly dismal grades on compensation, promotions, and execution. Pichai admitted on Tuesday that his company “may be slower to make choices across everything we do.” “You look at everything from beginning to end and determine how to increase the company’s productivity by 20%.”
Payel Das is a lovable mother of a sweet baby boy named ‘Aastik’. She is a pass out of the University of Calcutta with a post-graduation degree in History. She has been selected as the Cultural Secretary of the University during her educational period. At that time she fell into love with various types of writings which were frequently used to publish in students’ magazines and university wall magazines. Writing has gradually become her passion and now she is a full-time writer especially working as an Academic Writer and Scriptwriter.