To cut costs, tech giant Google has decided to eliminate employee services, including laptops, staplers and other equipment.
Ruth Porat, Google’s chief financial officer, said in a company-wide email that the company has cut almost everything from employee fitness classes to office basics like staplers and tape. I explained that the frequency of replacement of the top has also been reduced. Her email was viewed by CNBC.
In addition to that, the company’s email also focused on its 2023 goals. This is to ensure long-term savings by increasing speed and efficiency.
“One of our key goals for 2023 is to realize lasting savings through speed and efficiency improvements,” Porat said in an email. “All PAs and functions are working towards this,” she said, pointing to product areas.
Aside from the reduction in facilities, the company will likely close its in-house café along with other facilities on Mondays and Fridays, as employees can take advantage of the work-from-home option.
We also plan to scale back our diet, exercise, massage and transportation efforts.
That’s after Alphabet-owned Google laid off 12,000 employees in early January, citing macroeconomic conditions.
Google is also not paying the rest of the maternity and sick pay for those who were laid off.
In a recent email, Porat said the layoffs were “the most difficult decision we’ve had to make as a company.” “This work is particularly important because of our recent growth, the challenging economic environment, and the great investment opportunities that advance technology, especially AI,” Porat said in an email.
She also cited difficult economic conditions and technology investments as reasons for making the tough decision. Regarding a similar situation in 2008, Porat said the company has experienced similar situations before.
Google isn’t the only tech company to make layoffs. Amazon and Meta have laid him off twice in the space of a few months. Layoffs laid off 27,000 people at Amazon and 21,000 people at Meta. Economic uncertainty is driving further job cuts in the tech industry and related sectors such as media, social media and banking.
Also Read: Apple layoffs: After Google, Amazon and Meta, iPhone makers may start laying off employees
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