‘There’ll be blood…’, says Google’s cryptic layoff warning to employees: Report – Hindustan Times

Search engine giant Google has warned its employees against layoffs if the third quarter results are not as expected, The New York Post reported. The employees at the Google Cloud sales department have claimed having received a message saying if third quarter results don’t look up, ‘there will be blood on the streets’.

The employees told the news site Insider they were really scared of being fired after the company extended its hiring freeze this month without an announcement.

The search engine giant’s revenue growth in the past quarter had deaccelerated to its slowest pace in two years, Associated Press had reported. The array of new challenges facing the industry has already caused the tech-driven Nasdaq composite index to plummet by 26% so far this year.

Chief Executive Officer Sundar Pichai told employees last month that—although the business added 10,000 Googlers in the second quarter—it will be slowing the pace of hiring for the rest of the year and prioritizing engineering…

Read Full Story: https://www.hindustantimes.com/technology/therell-be-blood-says-google-s-cryptic-layoff-warning-to-employees-report-101660558934085.html

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