When Google offered 300% hike to retain employee who wanted to work at… - Hindustan Times
close_game
close_game

When Google offered 300% hike to retain employee who wanted to work at…

Feb 22, 2024 12:59 PM IST

The employee who was offered the hike did not even have any direct involvement with its AI division.

Google once offered an employee a 300% hike in salary. Why? The employee was planning to switch jobs to Perplexity AI, its CEO Aravind Srinivas, said on the Big Technology Podcast while talking about the length to which big tech companies go to retain their employees.

Sundar Pichai, chief executive officer of Alphabet Inc., on the opening day of the Munich Security Conference in Munich, Germany.(Bloomberg)
Sundar Pichai, chief executive officer of Alphabet Inc., on the opening day of the Munich Security Conference in Munich, Germany.(Bloomberg)

Aravind Srinivas said that the employee who received the salary hike was part of the ‘search team’. They did not even have any direct involvement with its AI division, he said.

HT launches Crick-it, a one stop destination to catch Cricket, anytime, anywhere. Explore now!

This come as as Google CEO Sundar Pichai warned employees of more more job cuts as he said that the company needs to make "tough choices" to create capacity for investments going forward.

Read more: Paytm stock price hits upper circuit, is it a good time to buy? What market experts say

In an internal memo to all Google employees, Sundar Pichai wrote, "We have ambitious goals and will be investing in our big priorities this year. The reality is that to create the capacity for this investment, we have to make tough choices."

Google has reportedly laid off over a thousand employees in various departments since January 10. Sundar Pichai had announced plans to cut approximately 12,000 jobs- 6% of its global workforce- earlier.

"I have some difficult news to share. We've decided to reduce our workforce by approximately 12,000 roles. We've already sent a separate email to employees in the US who are affected. In other countries, this process will take longer due to local laws and practices," he said.

Discover the complete story of India's general elections on our exclusive Elections Product! Access all the content absolutely free on the HT App. Download now!
Stay informed on Business News, TCS Q4 Results Live, Jio Financial Services Q4 Results Live along with Gold Rates Today, India News and other related updates on Hindustan Times Website and APPs
SHARE THIS ARTICLE ON
Share this article
  • ABOUT THE AUTHOR
    author-default-90x90

    Follow the latest breaking news and developments from India and around the world with Hindustan Times' newsdesk. From politics and policies to the economy and the environment, from local issues to national events and global affairs, we've got you covered.

SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Sunday, April 21, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On