Sundar Pichai: Google recently announced the largest number of layoffs in history. Alphabet has laid off about 6 percent of its workforce. Reacting to this decision, Sundar Pichai said that the decision of these layoffs saved the company from worse problems.
Hedge fund billionaire Christopher Hohn has advised Sundar Pichai to lay off thousands of ‘overpaid’ employees at Google under current circumstances. Last week the company announced it was laying off 12,000 employees. Christopher warned that the company had more people than it needed and had to cut 20 percent of the entire work force.
He wrote in his tweet that the company’s decision on layoffs is a right direction. At the end of 2021.. By the end of 2021, Google’s parent company, Alphabet, is estimated to have around 1,50,000 employees. But now it seems that the company has 20 percent more employees than this. Investor Hohn wrote a letter in November 2022 asking for layoffs to protect the company from financial volatility.
Sundar Pichai: Google recently announced the largest number of layoffs in history. Alphabet has laid off about 6 percent of its workforce. Reacting to this decision, Sundar Pichai said that the decision of these layoffs saved the company from worse problems. To increase cuts.. Hedge fund billionaire Christopher Hohn has advised Sundar Pichai to lay off thousands of ‘overpaid’ employees at Google under current circumstances.
Last week the company announced it was laying off 12,000 employees. Christopher warned that the company had more people than it needed and had to cut 20 percent of the entire work force. He wrote in his tweet that the company’s decision on layoffs is a right direction.At the end of 2021.. By the end of 2021, Google’s parent company, Alphabet, is estimated to have around 1,50,000 employees. But now it seems that the company has 20 percent more employees than this.
Investor Hohn wrote a letter in November 2022 asking for layoffs to protect the company from financial volatility. High salaries Google pays the highest paid average employee around $3 lakh. Hohn said this would put a heavy financial burden on the company. US tech giants have laid off nearly 70,000 jobs in the past year. Also, globally in 2023, companies will lay off an average of 1,600 employees per day. Investors also want to lay off employees to reduce the company’s high costs.