Saturday, October 1

Sundar Pichai: I remember when Google was small and junk | Digital Trends Spanish

Google’s CEO, Sundar Pichaiis concerned about the company’s finances, and not because it is in financial trouble, but rather because he believes that in good times, it is even more important to be austere, a message that he has wanted to convey to his employees, not with much success. .

At a company-wide meeting this week, Pichai faced tough questions from employees related to cuts to travel and entertainment budgets, productivity management and potential layoffs, according to audio obtained by CNBC.

One of the questions raised by employees at the meeting was: Why cut travel and loot budgets at a time when “Google has record profits and huge cash reserves”?

Pichai’s response was clear on that: “The fact that you know, we’re being a little bit more responsible through one of the toughest macroeconomic conditions going on in the last decade, I think it’s important that we as a company come together. to get through times like this.”

He touched on the broader topic of cost cuts, noting that Google’s culture can still be nice even if some things, like certain loot items, are being taken away.

“I remember when Google was small and junk,” he said. “Fun didn’t always do it, we shouldn’t always equate fun with money. I think you can walk into a hard-working startup and people can be having fun and it shouldn’t always equate to money.”

Employees wanted to know why management is asking employees to adhere to the return-to-office policy “while saying no need to travel/connect in person.”

“I understand some of the travel restrictions at a time like this and RTO and people wanting to see each other, it’s definitely not ideal,” Pichai replied. “If you haven’t seen your team in a while and it will help your work by meeting in person, I think you can. I think that’s why we’re not saying no to travel, we’re giving the teams discretion.”

Finally, at the meeting Kristin Reinke, Google’s chief financial officer, said that sales teams will have more leeway to travel, since their jobs require meeting with customers.

“We know there’s a lot of value in standing by your team, but we’re just simply asking you to be thoughtful and limit your travel and spending where you can,” Reinke said. For example, he asked that employees moderate their expectations for the holidays.

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