“There Will Be Blood In The Streets,” Warn Google Executives Against Layoffs


As Big Tech companies begin laying off employees due to the global economic downturn, Google executives have reportedly warned workers to perform better or prepare to leave because “there will be blood in the streets” if the next quarterly results are not good.


In a corporate message seen by Insider, Google’s cloud sales executive threatened employees with a “comprehensive review of sales productivity and productivity in general” and that if the results of the next quarter “don’t look up, there will be blood in the streets”.

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If third quarter results ‘don’t look up, [then] there will be blood in the streets,” according to a message sent to the commercial team. The warning was first reported by Insider.


Google employees are ‘afraid of layoffs’ after the company quietly extended its hiring freeze this month without making an announcement, reports the New York Post.


The company has reportedly now warned its employees of layoffs if they don’t deliver results.


Alphabet and Google CEO Sundar 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.


In July, Google froze hiring for two weeks to review its staffing needs and decide how to proceed. The company had announced earlier that it would slow hiring for the rest of the year.


According to Pichai, “it is clear that we are facing a difficult macroeconomic environment with more uncertainty ahead”.


Alphabet, Google’s parent company, 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.


Other tech companies that have laid off employees or slowed hiring in the current economic downturn include LinkedIn, Meta, Oracle, Twitter, Nvidia, Snap, Uber, Spotify, Intel, and Salesforce, among others.


–IANS


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(Only the title and image of this report may have been edited by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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