Sundar Pichai, CEO of Alphabet and google, has counselled staff members not to mix having fun with working harder because the little things in life can bring more happiness than what money can buy. Pichai recently interacted with staff members and was deluged with inquiries about budget cuts for travel and leisure, productivity, hybrid work, and probable layoffs, according to CNBC. "I can still picture google as a young, nimble company. We shouldn't necessarily associate enjoyment with cash. I believe that not everyone in a hard-working business should be focused on making money, and that people may be having fun "He reportedly told staff.

When asked why the business has switched from "rapidly hiring and spending to equally aggressive cost cutting," Pichai gave an answer. "I'm a little worried that you believe our actions constitute aggressive cost-saving measures. It's crucial, in my opinion, that we maintain our connection. When faced with situations like this, you must have a long-term perspective "Pichai continued. Pichai says he wants to increase the company's efficiency by 20% while also suggesting job layoffs. According to reports, if certain employees' jobs are going to be lost, Alphabet will give them 60 days to seek for a new position with the company.

More than 50 employees at Google's incubator Area 120 were let go last month, and the company gave them an additional 30 days to find work inside the company. According to a google spokeswoman, nearly 95% of employees found new jobs throughout the notice period. According to Pichai, the business "continues to invest in long-term technologies like quantum computing. But it's crucial to "be smart, frugal, resourceful, and more effective." "We're dedicated to looking out for our workers. We're currently going through a challenging macroeconomic period, therefore it's critical that we as a corporation coordinate and cooperate, according to Pichai.

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G GOWTHAM

28/09/2022 11:28 AM