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Alphabet’s (GOOG/GOOGL) Google has reportedly cut 35% of managers overseeing teams of fewer than three people.
According to a CNBC report citing an audio recording from the company’s recent all-hands meeting, Brian Welle, Vice President of People Analytics and Performance, told staff that “right now, we have 35% fewer managers, with fewer direct reports.”
The report added that employees pressed Welle and other executives about job security, “internal barriers,” and company culture following a series of layoffs, buyouts, and reorganizations. “When we look across our entire leadership population—that’s managers, directors, and VPs—we want them to be a smaller percentage of our overall workforce over time,” Welle said.
Alphabet’s stock edged 0.1% higher in afternoon trade. On Stocktwits, retail sentiment around the tech giant dipped to ‘neutral’ from ‘bullish’ territory over the past day.
CEO Sundar Pichai was also on the call, stressing Google’s need “to be more efficient as we scale up, so we don’t solve everything with headcount,” according to the report.
During the town hall, employees reportedly also asked whether Google might adopt a policy similar to Meta’s (META) “recharge” program, which grants a month-long sabbatical after five years at the company. The report noted that Alexandra Maddison, Google’s senior director of benefits, said no such plan is in the works.
“We have a lot of leaves, not least our vacation, which is there for exactly that — resting and recharging,” she added. “We’re very confident that our current offering is competitive.”
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