Google CEO Sundar Pichai recently addressed employees at a town hall meeting where he expressed his displeasure with the company’s left-leaning employees and their sense of entitlement. Pichai said, “I remember when Google was small and scrappy,” and added that “we shouldn’t always equate fun with money.” The comments come in response to complaints that the company is “nickel-and-diming” employees.
CNBC reports that Google CEO Sundar Pichai addressed employees at a recent town hall meeting where he faced tough questions from employees regarding cuts to travel and entertainment budgets, the productivity management and possible layoffs.
Pichai was asked why the company is ‘nick and dim employees’ by cutting travel and entertainment budgets at a time when ‘Google has record profits and huge cash reserves’, following the coronavirus pandemic.
Pichai replied, “How can I say it? Listen, I hope you all read the news, from the outside. The fact that you know that we are a little more responsible in one of the most last decade, I think it’s important that as a company we stick together to get through times like this.
Pichai added, “I remember when Google was small and rambling,” he said. “Fun hasn’t always been – we shouldn’t always equate fun with money. I think you can get into a startup that works hard and people can have fun and that shouldn’t not always be synonymous with money.
Many tech companies, including Google and Facebook, are currently facing a number of economic challenges, including a possible recession, soaring inflation, rising interest rates and reduced advertising spending. Companies that have enjoyed record growth for more than a decade are now facing a possible downturn.
Google announced in July that its second consecutive quarter of weaker-than-expected profits and revenue and third-quarter sales growth are expected to dip in the numbers, down from more than 40% a year earlier. Pichai admitted that the poor economic outlook was not the only cause of problems at Google, but that a growing bureaucracy within the company was also causing problems.
However, he often appeared annoyed at the meeting, telling staffers that “we can’t always choose macroeconomic conditions.”
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Lucas Nolan is a reporter for Breitbart News covering free speech and online censorship issues. Follow him on Twitter @LucasNolan