Google warns employees of 'blood on the streets'; says layoffs inevitable if earnings don't improve
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As Big Tech companies begin to lay off employees in the global economic downturn, Google executives have reportedly warned workers to either boost performance or prepare to leave as "there will be blood on the streets" if the next quarterly earnings are not good. If third quarter results "don't look up, [then] there will be blood on the streets," according to a message conveyed to the sales team. The warning was first reported by Insider.