Google has slashed its employee travel and entertainment budget for the second quarter in a row.
Image Credit source: twitter
Google CEO Sundar Pichai is in the discussion about his success every day. But at this time he remains in the discussion about his unique statement. Earnings below expectations for the second consecutive quarter Google has reduced the budget for travel and entertainment of its employees. After this it was revealed that many employees in the company are unhappy about this change. According to media reports, Google CEO Sundar Pichai has asked employees to enjoy work instead of getting upset with these things.
According to media reports, Pichai had to face questions from his employees in a meeting held last week. In this meeting, questions were asked from Pichai regarding cost cutting. During this, while answering the questions, he said that fun is not always there, we should not always compare fun with money.
Answer given on hiring in Google
In this meeting, when Pichai was also asked about hiring in Google. Employees told Sundar Pichai that by reducing facilities in this way, it is making employees weak. Pichai gave information about slowing down the hiring process on Google. He indicated that Google has too many people and the company does not reflect these numbers. Also said that this cost cutting has been done for bad times.
Sundar Pichai, CEO of Search Engine Google said that I think you are working with a hardworking startup. That’s why you must be having fun and it should not be compared with money. I remember when Google was started and it was not that big, then there was only work talk.
Impact on IT companies
Let us tell you that these days tech companies are gearing up in view of the unfavorable economic situation. Interest rates are rising all over the world and startup culture has never been this easy. In such a situation, companies like Google, Facebook are earning less than expected. That’s why these companies are cutting employees’ perks and other facilities.
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Source: www.tv9hindi.com”