Google's CEO begs for productivity and efficiency.

The new plan, dubbed "Simple Sprint", was revealed by the company's chief executive, Sundar Pichai, who told employees: "A company's productivity is not where it should be. coming, even with the workforce it has" and that it is "facing a challenging macroeconomic environment with a lot of uncertainty ahead".

Sundar told attendees he wanted the initiative to "create a more mission-driven, more product-focused, more customer-focused culture" and urged attendees to " Think about how we can reduce distractions and really raise the bar for product quality and productivity. "

What's behind the statement?

Alphabet, Google's parent company, saw its second consecutive quarter of declining profits despite a 12.6% year-over-year increase in revenue to $69.7 billion .

Almost as successful, at least when viewed purely as a source of revenue. Google Cloud, Google's cloud services and productivity tools division, reported his $858 million loss last quarter.