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Google employees pressure costumed execs at all-hands meeting for clarity on cost cuts - TL;DR CNBC

Google employees pressure costumed execs at all-hands meeting for clarity on cost cuts

Publishing timestamp: 2024-11-01 08:00:02


Summary

Google executives dressed in Halloween costumes fielded questions from concerned employees about potential cost cuts following better-than-expected earnings. Executives hinted at more cost savings and restructuring to focus on AI infrastructure, leading to fears of layoffs. Employees praised recent successes but expressed concerns about workforce impact. Executives emphasized the importance of efficiency and investment in people, with a focus on using AI internally for cost efficiency.


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Keywords: technologybusiness newsbreaking news: technologyinternetalphabet incsundar pichaigooglealphabet class c

Source: https://www.cnbc.com/2024/11/01/google-employees-pressure-execs-at-all-hands-for-clarity-on-cost-cuts.html


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