Layoffs at Google? Employees ‘warned’ to prepare for blood on the streets

Earlier this week, Microsoft laid off 200 R&D project workers, bringing the toll to 1,800 since July. Now another big tech company, Google, is reportedly warning its workers to improve their performance or prepare to leave because “there will be blood in the streets” if the next quarterly results are not good in 2022.

According to a New York Post report, sales management threatened employees with a “comprehensive review of sales productivity and productivity in general.” In a company post seen by Insider, he said if next quarter results “don’t look up, there will be blood in the streets.”

The warning was first reported by Insider. Google has already extended its hiring freeze this month without making an announcement. This development has made existing Google employees “fearful of layoffs”. Now, the tech giant has reportedly warned employees with layoffs if results aren’t productive.

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In July this year, Google announced that it would slow hiring for two weeks to review its staffing needs and decide how to proceed. The freeze, however, was extended until rest of 2022. According to Alphabet and Google CEO Sundar Pichai, “it is clear that we face a challenging macroeconomic environment with more uncertainty ahead.”

Pichai told employees late last month that they needed to improve productivity due to severe economic headwinds. Pichai said he wanted to solicit ideas from his employees on how to get “better results faster.” “There are real concerns that our productivity as a whole is not where it should be for the count we have,” he said.

Google’s parent company, Alphabet, reported weaker-than-expected earnings and revenue for the April-June (Q2) period. Revenue growth slowed to 13% from 62% in the same quarter last year. Google isn’t alone in slowing hiring or laying off employees. LinkedIn, Meta, Oracle, Twitter, Nvidia, Snap, Uber, Spotify, Intel, Microsoft and Salesforce, among others, are laying off employees amid the global economic downturn.

(With contributions from IANS)

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