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HomeCURRENT AFFAIRSBUSINESSGoogle warns employees about layoffs says 'blood on the streets'.....

Google warns employees about layoffs says ‘blood on the streets’…..

Is Google going to lay off a large number of employees in the next few months? There is a lot of discussion about this matter. According to an employee of the company, the Google executive has warned its employees, saying that if the results are worse than expected, then be ready to be laid off. Thr performance of Google Clouds has not been better for the last few months.

According to the news of The New York Post, an employee of the Google Cloud Sales Department told that there has been a warning from the senior executive that if the quarterly results are not good, then ‘there will be blood on the streets’ which means be ready for layoffs. Employees are very worried after this news. Google has kept the hiring process frozen this month without any announcement.

Earlier this month, Google CEO Sundar Pichai said that company are not satisfied by the employees work they do.

According to Pichai, Google’s product is below its potential. The company’s earnings in the second quarter of 2022 have decreased compared to the first quarter. Pichai wants the employees to work in mission mode.

What Other Companies Doing –

Mark Zuckerberg, CEO of Facebook’s parent company Meta, has already said that underperforming employees will be thrown out. At the same time, Twitter CEO Parag Agarwal has also announced to stop new hiring keeping in mind the revenue target.

Also Read – Stock Market Update Today: Today’s Top Gainers

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