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Google cuts benefits for its employees

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Google cuts benefits for its employees

Her colossus google, which for a number of years in global studies for workplace stood out as the leader in the way they were cared for employees her, abruptly changed course. In addition to layoffs of 12,000 people, ie. 6% of employees, the company cuts other benefits for them in order to cost savingsThis is reported by the American news network CNBC. In a rare company-wide email, CEO Ruth Porat said the cuts are part of a massive multi-year effort to cut costs. Details of the letter were previously published by The Wall Street Journal. In separate documents seen by CNBC, Google said it was cutting back on sports, staplers, duct tape and the frequency of laptop replacements for employees. One of the company’s main goals for 2023 is to “deliver sustainable savings through increased speed and efficiency,” said Ruth Porat.

Employees were informed of the cuts via email from CEO Ruth Porat.

The latest cost-cutting measures come amid the sharpest cuts in Google’s nearly two-decade history of IPOs. In January, the company said it was cutting 12,000 jobs, about 6% of its workforce, to offset slower sales growth following a sharp increase in headcount. However, cuts take many forms. The company refused to pay for maternity and sick leave for the remaining laid-off workers, CNBC reports. In another email, the CFO emphasized that layoffs were “the most difficult decisions we’ve had to make as a company.” In addition, he added that “this project is especially important due to our recent growth, the difficult economic situation and our incredible investment opportunities for technology development, especially artificial intelligence.”

It is worth noting that in her e-mail she spoke about what happened in 2008. “In the past, we were in the same place,” Ruth Porat explained. “In 2008, our expenses grew faster than our income. We have improved car usage, reduced real estate investment, budget cuts, coffee/beverage cuts, staff kitchenettes and mobile phones, and delisted our hybrid utility vehicles.” Also, the use of a corporate cell phone is not allowed if it is shared in the office, while staplers and tape can be borrowed from the front desk and are not widely available in the printer areas. As far as PCs go, non-engineers who need a new laptop will get a Chromebook anyway. Chromebooks, finally, are portable computers manufactured by the company with their own operating system called Chrome OS.

Author: newsroom

Source: Kathimerini

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