Google CEO hints at potential cuts, wants to become 20% more efficient

Major lay-offs might be coming soon.
Google building with sky in background


The Daily Navigator strives to help you make the best personal finance decisions. While we produce content according with strict editorial integrity this post may contain references to partner products. Here’s a full explanation for how our team makes money.

With mass layoffs in tech already happening across the nation, it wouldn’t be a shock for Google to follow suit. Speaking at Code Conference in Los Angeles on Tuesday, Google CEO, Sundar Pichai shared that he’s looking to make the company 20% more efficient to churn out faster results. 

Pichai acknowledged that the company has become, “slower” after growing in size and stated on stage, “We want to make sure as a company when you have fewer resources than before, you are prioritizing all the right things to be working on and your employees are really productive that they can actually have impact on the things they’re working on so that’s what we are spending our time on”.

He added that “Across everything we do, we can be slower to make decisions. You look at it end-to-end and figure out how to make the company 20% more productive.”

To visualize what this looks like, Pichai gave examples of positioning YouTube Music and Google Play Music into one product and cutting decision-making teams of 3 down to possibly 1 or 2.

While nothing set in stone, Pichai’s comments are sure to have employees on edge as other major tech companies like Snapchat have already gone through massive layoffs of their own.

Editorial Disclaimer: Opinions expressed here are the author’s alone. This post contains references to products from one or more of our partners and we may receive compensation when you click on links to those products.

Stay in the know

Get expert insight into credit cards, loyalty programs, financial tips, and more delivered right to your inbox.

Related Stories

Smart Points Logo

Stay in the know with
Smart Points Newsletter

Get expert insight into travel credit cards, loyalty programs, points tips, and more. Recent edition →

Get expert insight into travel credit cards, loyalty programs, points tips, and more. Recent edition →

Advertiser Disclosure

This article contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. The relationship may impact how an offer is being presented. Our site doesn’t include all the offers available. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.

DFC Partner Perks App Link Image
Special Discounts for Our Members

Save Big with Perks

Get $5,000+ in immediate travel savings with Perks. Unlock next level travel benefits, for life. Get discounts from the world’s best travel brands you won’t find anywhere else. No credit required.

DFC Concierge App Link Image
Special Discount for Our Members

93% off lifetime access

Save $1,200 and 10 hours of your time on every vacation. With Lifetime access to DFC Concierge, get fully customized trip itineraries to make every vacation unforgettable.

Dollar Flight Club App Link Image
Special Discount for Our Members

50% Off PREMIUM

You can save up to $500 on your next adventure without lifting a finger get email alerts when we find flights up to 90% off leaving your home airport. Just let us know your departure airport and we’ll do the rest.

The Daily Navigator Commitment

The Daily Navigator is an integral part of the larger DFC Media family. Through each of our brands, we’re dedicated to helping our readers travel, spend, and live smarter.

With products dedicated to affordable travel, educational content, and personal finance, we deliver the day’s essential content with none of the filler — all in a way that’s fast, easy, and fun to read. Every day million of audience members trust us to deliver educational content so that they can make informed decisions faster. We hope you’ll join them.

We’re happy to have you here!