Read the memo Google CFO Ruth Porat sent to staff about new cost-cutting, including paring back worker perks

Ruth Porat
Google recently announced it would cut 12,000 jobs earlier this year as part of its cost-cutting measures. CFO Ruth Porat and other company leaders sent a note to employees last week detailing some of the cuts.Fabrice Coffrini/Getty Images
  • Google said it's paring some of its famous employee perks to save money and focus on AI investments.

  • CFO Ruth Porat said some office equipment will be replaced less frequently and cafe hours will be cut.

  • Read the memo obtained by Insider below.

Google is continuing its effort to cut back on spending in 2023. On Friday, CFO Ruth Porat announced to employees that Google would pare back some of its famous employee perks.

In a memo seen by Insider, Porat told staff that the company planned to close some office cafes during slow periods and shift around fitness classes and shuttle schedules. The company will also replace equipment it provides to employees, like new computers, less frequently.

Porat said the company's efforts to pare back expenses were "particularly vital because of our recent growth, the challenging economic environment, and our incredible investment opportunities to drive technology forward — particularly in AI."