Work harder, or else – TechCrunch

Sundar Pichai, head of Google and its parent company Alphabet, urged employees to “be more entrepreneurial” and work with “more hunger” in an employee-wide email warning of consolidation. several news agencies reported.

Citing the “uncertain global economic outlook,” the CEO said Google will slow its hiring pace for the second half of 2022. According to Pichai, Google hired a whopping 10,000 employees in the second quarter.

The Google boss went on to say the company will consolidate “where investments overlap” and streamline its processes. In other words: work harder, or else.

Tech companies of all shapes and sizes have them laid off workers in the face of an impending recession. This includes Google, Microsoft, Tesla and other corporate giants as well as comparatively much smaller companies like Bird, Rivian and coin base. Pichai’s memo didn’t mention any layoffs, but phrases like “rationalization” and “consolidation” tend to evoke such things.

For its part, Alphabet did not immediately respond to a request for comment on the memo. It is Net profit in the first quarter passed out 8% year-over-year to $16.44 billion. The company will report its second quarter results on July 26th.

Work harder, or else – TechCrunch Source link Work harder, or else – TechCrunch

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