After announcing the mass layoff of approximately 12,000 employees in January this year, tech giant Google does not seem to be putting a full stop on its cost cutting efforts.
Google is also cutting down on free snacks and workout classes for its existing employees, amid other perks being done away with.?In a memo sent by Chief Financial Officer Ruth Porat, Google employees were notified that the perks will vary based on the office location needs, and trends seen in each office space, Business Insider reported.
The company's micro kitchen which provides free snacks like cereal, espresso, and seltzer water will be closed on days that typically have a significantly lower volume.
Some of the fitness class schedules will be shifted depending on how they're being used. The company would also discontinue spending on personal equipment like laptops, according to the memo.?It noted that funds will be utilised on work that is of a higher priority.
"Because equipment is a significant expense for a company of our size, we'll be able to save meaningfully here," CFO Porat wrote in the memo, released by Business Insider, as per IANS.
Google CFO also added that the company will reduce its hiring pace and reallocate teams to focus on higher-priority work.?Google also recently told employees that some workers would have to share desk space, amid plans to downsize some of its offices.
Also Read:?Tech Giant Apple Joins Cost-Cutting Club With Delayed Bonuses And Hiring Freeze?
Last month, Google informed its employees via an email that fewer of them will be promoted to more senior levels this year as compared to the past.?It reportedly also indicated to ex-employees who were laid off while on maternity or medical leave that they will not be paid for the remainder of their time off, as per IANS.
Alphabet CEO?Sundar Pichai?had said the following in his email to Google employees after announcing mass layoffs:
"I have some difficult news to share. We¡¯ve decided to reduce our workforce by approximately 12,000 roles. We¡¯ve already sent a separate email to employees in the US who are affected. In other countries, this process will take longer due to local laws and practices.?This will mean saying goodbye to some incredibly talented people we worked hard to hire and have loved working with. I¡¯m deeply sorry for that. The fact that these changes will impact the lives of Googlers weighs heavily on me, and I take full responsibility for the decisions that led us here."
"Over the past two years we¡¯ve seen periods of dramatic growth. To match and fuel that growth,?we hired for a different economic reality than the one we face today."
He added "I am confident about the huge opportunity in front of us thanks to the strength of our mission, the value of our products and services, and our early investments in AI. To fully capture it, we¡¯ll need to make tough choices. So, we¡¯ve undertaken a rigorous review across product areas and functions to ensure that our people and roles are aligned with our highest priorities as a company. The roles we¡¯re eliminating reflect the outcome of that review. They cut across Alphabet, product areas, functions, levels and regions."
"While this transition won¡¯t be easy, we¡¯re going to support employees as they look for their next opportunity."
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