Business Standard

Thursday, December 19, 2024 | 10:39 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Google CEO Sundar Pichai tells staff job cuts avoided 'much worse' issues

Google has said it would eliminate about 12,000 jobs, becoming the latest tech giant to retrench after years of abundant growth and hiring

Sundar Pichai, Google
Premium

Julia Love and Morwenna Coniam | Bloomberg
Google’s chief executive officer told employees on Monday that job cuts were made in a bid to act decisively as the company’s growth slowed.

In an internal meeting, Sundar Pichai, who is CEO of Google parent Alphabet Inc., said he had consulted with the company’s founders and board in making the decision for 6% cuts, according to remarks reviewed by Bloomberg.

“If you don’t act clearly and decisively and early, we can compound the problem and make it much worse,” Pichai said. “These are decisions I needed to make.”

Google said on Friday that it would eliminate about 12,000 jobs,

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in