From the New York Post:
Google is reportedly cracking down on non-essential travel, team happy hours and other company social gatherings as top executives aim to save cash
In an email last week, Google brass instructed some senior managers they should not approve spending on team-related social functions, full-team offsite events or travel to other in-person events that can be attended virtually, a report said Wednesday.
Google executives noted managers should maintain a “high bar” when considering whether to approve trips and should only sign off on those that are deemed business critical, according to The Information, which obtained a copy of the email.
“We recently shared guidance about taking a responsible approach on expense management, including travel and events,” Google said in a statement to the outlet on the policy shift....
....MUCH MORE
As of the last 10Q Alphabet was down to 124.997 Billion in cash, cash equivalents and marketable securities.
If they are counting pennies maybe everyone should.
