Google Company says the company has cut down a third of its executives

CEO Alphabet Sundar Pichai During the Google I/O Developers Conference, Mountain View, California, May 10, 2023.

David Paul Morris | Bloomberg | Gets the image

Google Last week, more than a third of its executives were eliminated in the leadership, which controls small teams as the company continues to focus on the organization’s efficiency.

“Now we have 35% less executives, with smaller direct reports,” said Brian Well, Vice President of Analytics and Performance, ALL Hands, CNBC. “So there is a lot of rapid progress.”

At the meeting, the staff asked Wel and other executives about work safety, “internal barriers” and Google culture after several recent layoffs, incusions and reorganization.

Well said the idea is to reduce the bureaucracy and more effectively launch the company.

“If we look at all our leadership population, it is a highway, directors and VPS, we want them to be a lesser percentage of our total labor over time,” he said.

Reduction by 35% refers to the number of executives controlling less than three people, according to a person familiar with this issue. Many of these executives remained in the company as separate participants, said that the person who asked him not to be named because the details are private.

Google CEO Sundar Pichai Weigh at the meeting, repeating the need for the company “be more effective because we scale so that we do not solve everything with the amount.”

Google has eliminated about 6% of its labor in 2023 and has since introduced the reduction of various units. The head of the financing alphabet Anat Ashkenazi, who joined the company last year, – Note In October, it will push the cost of “a little further”. Google has offered ransom staff since January and the company has slowed down, ask Employees to do more with the smaller.

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As for the ransoms, the town halls stated that a total of 10 regions of the products presented proposals “voluntary exit program”. This year, they applied for employees based on search, marketing, equipment and people.

Last week, Fiona Tsikani, a Google chief officer, said last week between 3% and 5% of employees in these teams was raised.

“It was actually quite successful,” she said, adding that “I think we can continue it.”

Pici said the company punished Voluntary ransoms After listening to employees who said they preferred this path to dismissal.

“This is a lot of work that has entered the implementation of the VEP program, and I am glad we did it,” Pichi said. “It gives people an agency and I am glad to see it happened well.”

“Wanting a Career Break”

CICCONI said one of the main reasons for employees is a ransom is what they want to take a vacation from work.

“It is really interesting to find out who takes VEP and these are people who want to interrupt their careers sometimes care for family members,” she said.

CNBC previously reported that the dismissal hurt the moral As the company declined, simultaneously making a profit from the explosion and seeing that the stock price was jumping. This year, the alphabet shares increased by 10% after the rise of 36% in 2024 and 58% the year before.

At the other moment in the town hall staff asked if Google would consider a policy similar to Meta “Recharge”, on a month’s vacation, which employees earn after five years in the company.

“We have a lot of leaves, not least of our vacation, which is exactly for this – rest and recharges,” said Alexander Maddison, senior director for Google.

She said the company was not going to offer a paid Saturday.

“We are very convinced that our current proposal is competitive,” said Madison.

Meta did not immediately respond to a comment request.

Other executives jumped to compare the benefits of two companies.

“I don’t think they have a VEP,” Cicconi said.

Then write to write to some laughter from the audience: “Should we include all the meta policy as long as we have to choose only a few politicians that we like?”

“Maybe I have to try to manage a company with all Meta policy,” he continued. “No, probably not.”

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