Google CEO ‘wants to make the company 20% more efficient’

News in brief

Google CEO Sundar Pichai said he wants to make the company 20% more efficient, according to reports.

That could mean a significant number of job cuts, following years of expansion in hiring.

Pichai said at the Code Conference on Tuesday in Los Angeles: “The more we try to understand the macroeconomic, we feel very uncertain about it. The macroeconomic performance is correlated to ad spend, consumer spend and so on”.