San Francisco, Aug 13 : As Big Tech companies begin to cut workers in the economic crisis around the world, Google executives have reportedly advised employees to either improve their performance or prepare for a departure because “there is blood everywhere” in the event that the next quarter’s earnings aren’t good.In a Google Cloud company announcement, which was viewed by Insider, Google Cloud sales management has warned employees with an “overall exam of sales efficiency and efficiency in general” and that if the next quarter’s outcomes “don’t look up there will be blood everywhere.”
If the third quarter’s results “don’t look up, then there’ll be blood in the streets,” according to a message sent to sales personnel.The alert was first reported by Insider.
Google employees are “fearful of layoffs” after the company has quietly extended its hiring freeze this month, without making an announcement, according to The New York Post.
The company has reportedly warned employees with the possibility of being laid off if they fail to achieve results.
Alphabet as well as Google CEO Sundar Pichai told employees late last month that they needed to improve productivity because of the economic headwinds.
Pichai stated that he was looking to get suggestions from his employees on ways to achieve “better results quicker.”
“There are legitimate concerns that our overall productivity isn’t where it needs to be to support the number of employees that we are able to handle,” he was quoted as saying.
Google in July announced the hiring freeze for two weeks in order to assess its headcount requirements and decide on a future plan of actions.
The company had previously announced that it would reduce hiring for the remainder of the year.
According to Pichai, “it’s clear we face a challenging macro-economic context with more uncertainty in the future”.
Alphabet is the parent company of Google has reported lower-than-expected revenues and earnings for the period April-June (Q2).
The growth in revenue slowed to 13 percent from 62 percent in the same quarter of last year.
Other tech firms that have eliminated employees or cut back on hiring in the recession are LinkedIn, Meta, Oracle, Twitter, Nvidia, Snap, Uber, Spotify, Intel and Salesforce, among others.
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