Google and Meta over-hired and laid off employees had no work to do, says C3.ai CEO
India TodayThe tech industry is coming to terms with major upheavals in the job market that have taken place in the last couple of months. Tech giants like Meta, Google, Amazon, Microsoft, and Twitter, among others, announced mass layoffs in the last few months and yet another round of layoffs is expected at Meta soon. Amidst all that is going on, C3.ai CEO, Thomas Siebel, says that companies like Meta and Google had over-hired so much that the employees were practically doing nothing while working from home as they actually had no work to do. Thomas Siebel on Google and Meta over-hiring people In a conversation with Insider, Thomas Siebel, the billionaire tech CEO, said that the 'over-hiring craziness at companies like Meta and Google' has finally started to go out of the market. "This whole thing just has to clear itself out," Siebel said and added that it is 'weird' for Google and Meta to hire people when they 'didn't have any actual jobs for these employees'.