Categories: Tech News

Layoffs at Google? Employees were “warned” to prepare for blood in the streets

Earlier this week, Microsoft laid off 200 R&D project employees, bringing the toll to 1,800 since July. Now another big tech company, Google, is warning its workers to improve performance or get ready to walk, as “there will be blood in the streets” if the next quarterly earnings don’t come out in 2022.

According to a report by The New York Post, sales leadership has threatened employees with a “general review of sales productivity and productivity in general.” In a company message seen by Insider, he said that if next quarter’s results “don’t look up, there will be blood in the streets.”

The notice was first reported by Insider. Google has already extended its hiring freeze this month without making any announcements. The development caused existing Google employees to “have their layoffs”. Now, the tech giant has warned employees of layoffs if the results are not productive.

In July of this year, Google announced that it would delay hiring for two weeks to review its headcount needs and decide on a future course of action. The freeze, however, was extended through the remainder of 2022. According to Sundar Pichai, CEO of Alphabet and Google, “it is clear that we face a challenging macro environment with more uncertainty ahead.”

Pichai told employees late last month that they needed to improve productivity due to strong economic headwinds. Pichai said he wanted to ask his employees for ideas on how to get “better results faster.” “There are real concerns that our productivity as a whole is not where it needs to be for the headcount that we have,” he said.

Google parent Alphabet reported weaker-than-expected earnings and revenue for the April-June (2Q) period. Revenue growth slowed to 13% from 62% in the same quarter last year. Google isn’t the only one slowing down hiring or laying off employees. LinkedIn, Meta, Oracle, Twitter, Nvidia, Snap, Uber, Spotify, Intel, Microsoft and Salesforce, among others, will lay off employees amid the global economic slowdown.

(With inputs from IANS)

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