Google The management team technology reduce costs and Profitability.
Google CEO Sundar Pichai informed the company earlier this year that about 12,000 positions would be cut as macroeconomic turmoil continued.A note sent by his Google CFO girlfriend Ruth Porat on Friday obtained Business Insider similarly said that the “challenging economic environment” and “incredible investment opportunities to advance technology” will require changes to the company’s cost structure.
Workforce reductions therefore precede restructuring of technology operations to maximize resource utilization, and reform of outsourced procurement and contracting processes. While such changes will be “invisible” to most employees, Google’s “industry-leading perks, benefits and office amenities” will be curtailed to reduce costs.
“Cafés, microkitchens and other facilities will be tailored to when and how they are used. Decisions will be data driven,” the memo said. “For example, if we have a cafe with a significant drop in usage on a given day, we will close that day and focus instead on popular nearby options. Similarly, buildings with more waste than value Now let’s integrate the microkitchen.”
Cost savings also apply to “select fitness classes and shuttle schedules” based on usage. The equipment and technology used by employees is also valued, allowing Google to make “meaningful savings” depending on the size of the company.
The memo said at least 31 massage therapists and 21 trust and safety department members had been laid off as part of the layoffs, according to disclosures made by the company in its California Worker Adjustment and Retraining Notification system obtained by The Daily Wire. One employee with the title of “Diversity Manager” and another with the title of “Diversity Specialist” were also listed in the disclosure. Annual compensation for the latter position ranged from $90,000 to $148,000 for him. estimate From glass door.
“Like we did in 2008, we will look at the data and identify other areas of spending that are not as effective as they should be or cannot scale at our scale,” the memo added. We will notify Googlers of any other changes that directly affect the services we use.”
Most prominent tech companies have started layoffs as rising consumer demand began to slow following the lockdown-induced recession. So far in 2023, he will have more than 130,000 workers laid off from tech companies, according to the company. report From Crunchbase, even after the company cut about 93,000 positions last year.
Twitter CEO Elon Musk has also overhauled the amenities and perks offered by social media companies. The company said it auctioned off a La Marzocco espresso machine, a Rotisol rotisserie oven, a commercial blender and grinder, a refrigerator, a grill and griddle, a fryer, a steamer and a pizza oven. list Posted by Heritage Global Partners. Electronics and furniture available for auction included Google Jamboards, NEC projectors, telephones and speakerphones, soft seats and furniture, and hundreds of office chairs.
Musk laid off two-thirds of his workforce and told the rest that they should expect “very hardcore” hours if they wanted to stay. He added that Twitter would become “more engineering-driven,” implying it would move away from an emphasis on “design and product management.”