Search engine large Google as soon as supplied an worker a 300% wage enhance who deliberate to modify jobs to Perplexity AI.
Aravind Srinivas, CEO of Perplexity AI, revealed this instance on the Massive Expertise Podcast. IIT-Madras graduates Srinivas, the lengths to which massive tech giants are keen to go to retain their workers.
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Srinivas stated the worker who obtained a large pay rise was a part of the “search group” and had no direct involvement with its AI division.
Moreover, Srinivas spoke about layoffs within the tech business. He stated companies goal excessive earners who don’t contribute proportionately to productiveness.
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Layoffs within the first month of 2024 left tens of 1000’s of jobs with out jobs, with the know-how business alone shedding 32,000 jobs.
Final month, Google CEO Sundar Pichai warned workers to brace for extra job cuts. He stated the corporate needed to make “robust selections” to construct funding capability.
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In an inside memo to all Google workers, Pichai wrote: “We now have bold objectives and can spend money on our massive priorities this yr.” He acknowledged: “The fact is that to create the capability for this funding, we’ve got to make tough selections.”
Since January 10, Google has fired greater than a thousand workers from varied departments.
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In 2023, Pichai introduced plans to chop about 12,000 jobs, which is about 6% of the worldwide workforce. “I’ve some tough information to share. We now have determined to cut back our workforce by roughly 12,000 roles. We now have already despatched a separate electronic mail to US workers who’re affected. In different nations, this course of will take longer as a result of legal guidelines and native practices,” Pichai stated in an open letter. The layoffs at Alphabet embrace dozens on the new know-how improvement division X Lab, tons of within the promoting gross sales group, tons of in groups together with the group chargeable for the Pixel, Nest and Fitbit and a majority within the augmented actuality group.
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