The sales team of Google company has threatened Google employees to be ready for layoffs if the results of the next quarter are not good because of their overall sales productivity and their productivity. Google CEO Sundar Pichai recently said that the company has a lot of employees but the work is very less.
He also advised employees to focus on working better, improving their products, and helping customers. Now, quoting a Business Insider report, the news is coming that Google is warning employees of layoffs.
According to the report, some top Google executives have asked employees to show performance or get ready for tough decisions ahead. Management is asking the employee to be ready for layoffs. These officers also said that whether there will be layoffs or not will completely depend on the earnings report for the next quarter.
At the same time, some Google employees told Website Insider that they have been in a panic since the company's ban on recruitment and they are afraid of being fired.
Google's revenue growth in the last quarter was the slowest in two years. Tech companies have been grappling with challenges for a long time and that's why the Nasdaq Composite Index has fallen 26 percent so far this year.
Last month, Google CEO Eric Schmidt asked employees to increase productivity and asked for suggestions on how to get better results faster. Pichai said that it is a matter of concern that our productivity is not as high as it should have been.
It reviewed its workforce a month ago in July and suspended hiring for two weeks. Later, the company increased the moratorium on hiring. Due to the economic slowdown, it was announced to stop hiring. Although Google had not officially discussed layoffs at the time, employees were concerned.
Sundar Pichai said that in the years 2022 and 2023, the company's focus is only on recruiting engineering, technical specialists, and employees in important positions.
In the first part of 2022, the company has completed the quota of recruitment of employees. Going forward we need to be more entrepreneurial and put more effort into success now than the usual days with the right focus.
