Google cancels happy hour, non-essential travel to save money: report

Google is reportedly cracking down on non-essential travel, team happy hours and other corporate social gatherings as top executives aim to save money

In an email last week, Google brass asked certain senior executives not to approve expenses for team-related social functions, full-team offsite events, or travel to other in-person events. which can be attended virtually, according to a report on Wednesday.

Google executives noted that officials should maintain a “high bar” when considering whether or not to approve trips and should only approve those deemed critical to the business, according to The Information, which obtained a copy of the email.

“We recently shared tips on taking a responsible approach to managing expenses, including travel and events,” Google said in a point-of-sale statement about the policy change.

“Different product areas and functions are implementing this in a way that best suits their teams, given their business needs,” the company added.

The Post contacted Google to comment on the report.

Google CEO Sundar Pichai recently said he wants the company to be 20% more productive.
Bloomberg via Getty Images

The belt-tightening measures mark a notable change for Google, which is widely known for offering its employees a range of additional benefits ranging from team ski trips to in-office sleep pods.

Google’s email said senior executives should review all team travel and functions to “ensure we are thoughtful stewards of Google’s resources,” according to The Information. The directive also applies to travel and events that have already been approved.

Earlier this week, Google CEO Sundar Pichai signaled that the company is wary of the current economic landscape and is taking steps to shore up its balance sheet. Pichai said he wanted to make Google 20% more efficient and hinted that some job cuts might take place to achieve that goal.

“We want to make sure that as a company, when you have fewer resources than before, you prioritize all the good things to work on and that your people are really productive that they can actually make an impact. about the things they’re working on so that’s what we spend our time doing,” Pichai said during an appearance at the Code Conference in Los Angeles.

Like several other tech giants, Google has slowed hiring in recent months amid a broader industry downturn.

In a July memo to employees, Pichai warned that he felt “the productivity of the company as a whole is not where it should be for the number of employees we have.”

New York Post

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