GOOGLE, a California-based technology company that has recently laid off thousands of people from its global offices as part of cost-cutting, has now started cutting down on free snacks and workout classes for its existing employees, claims a report.
According to a Business Insider report citing a memo shared by Chief Financial Officer Ruth Porat with all employees, the employees have been informed that the perks offered will now vary depending on the office locations and trends in each office.
The memo went on to detail additional cost-cutting measures, including the closure of the company's micro kitchen, which provides free snacks like cereal, espresso, and seltzer water, on days with typically much lower volume. Some of the fitness class schedules may change based on how they are utilised. The memo stated that the business would also stop purchasing laptops and other personal items.
It was stated that money would be used for tasks with a higher priority. In the memo obtained by Business Insider, Porat stated that "equipment is a significant expense for a company of our size, so we'll be able to save meaningfully here."
She continued by saying that the company would slow down on hiring and realign teams to concentrate on more urgent tasks. Amid plans to downsize some of its offices, Google also recently informed employees that some employees would have to share desk space.
Meanwhile, the company, in a blog post by CEO Sundar Pichai had laid off over 12,000 people which accounts for around 6 percent of the global workforce. Furthermore, the company through an email announced that the company would be promoting fewer employees compared to last year.
(With Agency Inputs)
Google To Cut Down Free Snacks And Workout Classes For Employees: Report - Jagran English
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