Giant companies are heading towards the brink of economic crisis. Joining this bandwagon, Google is slowly implementing its downsizing plans.
Expectations of a global economic crisis are leading large companies to take some measures. Companies such as Tesla and Meta are downsizing in order to survive the fluctuations with minimal damage. Google is the latest to join this bandwagon.
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As part of its downsizing policy, Google has stopped hiring and increased work intensity
Google’s CEO Sundar Pichai sent an email to his employees. In the message, employees were warned to “work more assertively and more intensively within the company”. This situation was evaluated as the layoff policy of Google, whose economic concerns are known.
The company’s CEO has halted hiring for the second half of 2022, citing concerns about the “uncertain global economic outlook”. According to leaked information, the general opinion within the company is shaping up as “work better or you’re gone”. On the other hand, Google is not the first company to choose this path.
Meta’s CEO Mark Zuckerberg earlier this month called economic concerns “one of Meta’s worst downturns in recent history” and warned his senior managers to “identify poorly performing employees”.
Meta is implementing the same downsizing policy as Google. In recent weeks, Zuckerberg has stated that he has given his employees more difficult and aggressive goals. So much so that he added that he would part ways with employees who do not meet these goals. Tesla follows a similar policy. In the face of these expectations of companies, it seems that workers will have a hard time.
What do you think about this policy implemented by companies? Can other methods be tried? Please share your views with us in the comments section.