Mr Pichai said that the company is "literally looking at every aspect of what we do" in an effort to re-engineer its cost base permanently in response to the question about how the company expected to enhance efficiency by 20 per cent.
The tech industry is witnessing major layoffs across several companies including Amazon, Meta, Microsoft, and Google. Google announced that it will fire 12,000 employees this year. As a part of the severance pay, the employees fired in the Irish office are expected to get around 2.60 crore as a generous package
Google said that it is promoting fewer people "to ensure that the number of Googlers in more senior and leadership roles grows in proportion to the growth of the company."
In order to share one desk among several employees, Google has encouraged staff to rotate their work days, such as Mondays and Wednesdays or Tuesdays and Thursdays.