Layoffs soon? Google Warns Employees With ‘Blood On Streets’: Report
Google executives have reportedly warned their employees, warning that layoffs are coming if results don’t improve.
The company will have a “comprehensive review of sales productivity and productivity in general” and that if the results for the next quarter “don’t look up, there will be blood in the streets”, employees who work in Google Cloud’s sales department said they were notified by senior executives. The warning was first reported by Insider and later cited by others, including the New York Post.
Employees are worried about layoffs after the search engine quietly extended its hiring freeze this month without making an announcement.
Earlier this month, Google CEO Sundar Pichai said he was unhappy with the work of many employees. According to Pichai, Google’s productivity is lower than it should be.
The company’s earnings in the second quarter of 2022 were weaker than expected, as it was in the first quarter.
The search giant has launched a new initiative called “Simplicity Sprint” with the aim of increasing productivity. Mr. Pichai urged employees to “create a more mission-driven culture”.
Mr Pichai had said the company would reduce recruitment and investment until 2023, pushing staff to work with greater urgency and “more hunger” than demonstrated on “sunnier days”.
Google is not alone in freezing hiring.
Mark Zuckerberg, CEO and founder of Facebook’s parent company Meta, also made it clear that the company will let go of employees who aren’t performing as expected.
Twitter CEO Parag Agrawal also informed employees of the hiring freeze in a post earlier this year, citing a recent delay in growth and revenue targets.