https://www.wsj.com/articles/google-cfo-signals-more-spending-cuts-to-meet-savings-targets-3c4b9722 "Google’s finance chief told employees to expect more spending cuts in areas from how it uses its servers to when it closes employee cafes as the company tries to meet savings targets this year. Ruth Porat, who serves as chief financial officer of both Google and parent company Alphabet Inc., said Friday in a staff memo that Google would eliminate some snack bars, or “microkitchens,” and close cafeterias on days with modest traffic. Google will also introduce an internal tool that helps teams pick low-cost providers of outside services such as software and equipment providers. “Just as we did in 2008, we’ll be looking at data to identify other areas of spending that aren’t as effective as they should be, or that don’t scale at our size,” Ms. Porat wrote in the email, viewed by The Wall Street Journal." ... "Ms. Porat said in the email that Alphabet’s layoffs are “still being worked through in some countries.” The company will continue to hire at a slower pace, she said. Google is also trying to lower the costs associated with running its product offerings, including artificial-intelligence models, Ms. Porat wrote."
Heh
Interesting. This is exactly what happened before Meta announced second layoffs. I hope Google doesn’t follow suit.
They probably will though
Do remind us also signs for meta's 3rd and 4th layoffs so we can all prepare...
Someone tell that stupid CEO and CFO to focus on building great products and not worry about pennies
They can't build great products, so this is the only way forward
You put a CFO from a bank, they are really good at cost cutting. But can't blame CFO, this ask is probably from even higher level.
And it didnt strike to them that maybe reducing a few million dollars out of their 100 million dollar paycheck would help ? Capitalism is disgusting.
In fact they are doing this because CFO can get extras 20 million in bonus or equity
What will happen to Day in life of Noogler TikTok videos? (Sorry YouTube shorts are no match 😝)
Free food also gone !
Does it ever occur to them to cut their salaries? https://money.cnn.com/2015/03/27/technology/ruth-porat-google-cfo-pay/index.html
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“Google will also introduce an internal tool that helps teams pick low-cost providers of outside services such as software and equipment providers.” Boys (and girls), get ready for OpenOffice and Thunderbird licenses running on Ubuntu.
Whats the issue with them
You mean "Boys and Girls," :)