Google plans to fire employees

Leaner times might be ahead at Google. Speaking at Code Conference in Los Angeles Tuesday, CEO Sundar Pichai said the uncertain economy has led him to think about how the tech giant might operate with “fewer resources” while also becoming “20% more productive.”

He hinted that cuts to Google’s workforce could be in store. In areas where you have three people making decisions, Pichai said, “bringing it down to two or one improves efficiency by 20%.” In July, the tech giant asked employees for ideas to boost productivity and implemented a two-week hiring freeze.