Search engine large Google as soon as supplied an worker a 300% hike in wage who deliberate to modify jobs to Perplexity AI.
Aravind Srinivas, CEO of Perplexity AI revealed this occasion on the Huge Expertise Podcast. The IIT-Madras alumni Srinivas the size to which huge tech giants are keen to go to retain their staff.
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Srinivas mentioned that the worker who acquired a large wage hike was a part of the ‘search crew’ and had no direct involvement with its AI division.
Additional, Srinivas spoke concerning the layoffs within the tech business. He mentioned the companies goal these with excessive salaries who don’t proportionately contribute to productiveness.
Tech layoffs in 2024:
Layoffs within the first month of 2024 have left tens of 1000’s with out jobs, with the tech business alone reducing 32,000 roles.
Final month, Google CEO Sundar Pichai warned staff to brace themselves for extra job cuts. He said that the corporate must make “robust selections” to create capability for investments.
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In an inner memo to all Google staff, Pichai wrote, “We now have bold objectives and can be investing in our huge priorities this 12 months.” He said, “The truth is that to create the capability for this funding, we’ve got to make robust selections.”
Since January 10, Google has laid off over a thousand staff in varied departments.
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In 2023, Pichai introduced plans to chop roughly 12,000 jobs, which is round 6% of its international workforce. “I’ve some troublesome information to share. We have determined to scale back our workforce by roughly 12,000 roles. We have already despatched a separate e mail to staff within the US who’re affected. In different international locations, this course of will take longer attributable to native legal guidelines and practices,” Pichai mentioned in an open letter. Layoffs at Alphabet embody dozens on the division for creating new expertise X Lab, a whole lot within the promoting gross sales crew, a whole lot throughout groups, together with the {hardware} crew answerable for Pixel, Nest, and Fitbit, and a majority within the augmented actuality crew.
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Revealed: 19 Feb 2024, 01:58 PM IST