Don’t confuse fun with money: Sundar Pichai to employees

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New Delhi, Sep 27 (IANS) CEO of Alphabet and Google (NASDAQ:) Sundar Pichai, has advised employees not to mix fun with making more money, as small things in life can bring more joy than money can buy.

During a recent interaction with employees, Pichai was bombarded with questions from employees regarding travel and entertainment budget cuts, productivity, hybrid working and potential layoffs, CNBC reports.

“I remember when Google was small and scrappy. We shouldn’t always equate fun with money. I think you can walk into a startup that works hard and people can have fun and that shouldn’t always mean money,” he apparently told employees.

Pichai answered a question about why the company moved from “hiring and spending quickly to cutting costs just as aggressively.”

“I’m a bit concerned that you think what we’ve done is what you would define as aggressive cost cutting. I think it’s important that we don’t get disconnected. You have to take a long-term view in conditions like this,” Pichai explained.

Pichai aims to make the company 20% more efficient, hinting at job cuts.

Reports have emerged that Alphabet is giving some workers 60 days to apply for a new position at the company if their jobs are to be cut.

Last month, Google laid off more than 50 workers at its Area 120 incubator and gave them an additional 30 days to find other jobs with the company.

A Google spokesperson reportedly said nearly 95% of employees found new positions within the notice period.

Pichai said the company “always invests in long-term projects like quantum computing. But it’s important to ‘be smart, be frugal, be scrappy, be more efficient.’

“We are committed to taking care of our employees. I think we are going through difficult times macro-economically and I think it is important that we as a company align and work together,” Pichai said. .

Earlier, addressing the rally at the Code conference in the United States, Pichai said the more the company tries to understand macroeconomic conditions, the more uncertain it feels about it.

“Macroeconomic performance is correlated with advertising spending, consumer spending, etc.,” he told the audience.

Google has suspended the hiring of new employees and reportedly told some existing employees to “train or leave” if expectations are not met.

–IANS

na/uk

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