In a surprise email to employees, Google CEO Sundar Pichai warned employees to be more entrepreneurial and work with more hunger. According to tech analysts, the latest warning by Sundar indicates imminent layoffs in those segments that are not profitable. He warned of consolidation and merger of departments. Sundar also indicated reduction of hirings in 2022 and 2023. However, recruitments will be carried out in crucial departments like engineering, sales, and others. The move is a big blow for students who are preparing for internship interviews and new graduates who have applied for interviews. Google will not recruit as before and new applicants will have tough time to find job. It’s unlikely that Google will call for any interviews except filling up few important managerial positions.
Google would slow its hiring pace for Q2 2002 by citing uncertain global economic outlook. According to Pichai, Google hired over 10000 workers to date in 2022. The company would consolidate hose areas where investments overlap and streamline its processes. The oral of Sundar’s letter is that the company is calling on its staff to work harder with good spirit.
It’s to be noted that tech companies have started to lay off workers due to the looming recession and this includes Microsoft, Google, Tesla. Moreover, smaller companies like Bird, Rivian, and Coinbase also laid off workers. Even though Pichai’s letter is silent about the term layoffs, the phrases such as streamlining and consolidating indirectly refer to layoffs. Alphabet immediately responded to media queries regarding Pichai’s letter. The Q1 2022 profit faced a dip by 8% and the company is slated to announce Q2 2022 earnings on July 26.
Pichai added that Google is not immune to economic headwinds like all companies. The workers need to be more entrepreneurial working with greater urgency, sharper focus, and more hunger than we have shown non-sunnier days. The uncertain global economic outlook has been top of mind.
According to Pichai, Google has been slowing down the pace of hiring for the remaining part of 2022 because of the excessive hiring, which took place until June 2022. The company will focus on hiring engineering, technical, and other critical roles for the balance of 2022 and 2023. Google spokesperson refused to comment on media queries. Google invested heavily in R&D and will be more sensitive toward spending money during this period of economic uncertainty. The company will consolidate divisions where investments overlap and streamlining processes.
