According to Google’s CEO
There were rumors last month that the tech giant was intending to lay off 10,000 workers as part of a new strategy to boost the company’s rankings and productivity. Opposition from an activist investment firm, poor market circumstances, and the requirement to reduce expenses are reportedly to blame, as reported by The Information. It is unclear, however, if Google has started the procedure of laying off staff or is instead attempting to survive the storm without reducing the headcount.
According to the first report, Alphabet, Google’s parent firm, has requested that its managers identify the 6% of workers who had the smallest influence on the company’s operations. This raises severe worries among Google staff since it may be seen as preparation for layoffs.