Google CEO Pichai Discusses Cost Cuts, Layoffs, Macroeconomic Conditions
News 18Explaining cost-cutting by the tech giant, Google CEO Sundar Pichai said the company is being “a bit more responsible through one of the toughest macroeconomic conditions underway in the past decade”. Pichai faced tough questions from employees on issues including cutting on travel and entertainment budgets, managing productivity and potential layoffs, the report said. The fact that you know, we are being a bit more responsible through one of the toughest macroeconomic conditions underway in the past decade, I think it’s important that as a company, we pull together to get through moments like this.” He also said, “I remember when Google was small and scrappy. I think you can walk into a hard-working startup and people may be having fun and it shouldn’t always equate to money.” Pichai also said he does understand some of the travel restrictions at a time like this and RTO and people wanting to see each other, definitely is not ideal.