Google search boss warns employees of ‘new operating reality,' urges them to move faster [CNBC]
Alphabet Inc. - Class C Capital Stock (GOOG)
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Source: CNBC
But he first wanted them to settle in and get comfortable. “Grab your boba teas,” Raghavan told the crowd, gathered in a theater at the company's headquarters in Mountain View, California. Raghavan, who reports directly to CEO Sundar Pichai and leads key groups including search, ads, maps and commerce, was addressing Google's knowledge and information organization, which consists of more than 25,000 full-time employees. “I think we can agree that things are not like they were 15-20 years ago, things have changed,” Raghavan said, according to audio of the event obtained by CNBC. He was referring to the search industry, which Google has dominated for two decades, emerging as one of the most profitable and valuable companies on the planet along the way. Raghavan said Google's digital ad business had become “the envy of the world.” He noted that over the last three years, annual revenue has grown by more than $100 billion, exceeding Starbucks , Mazda and TikTok combined. At a co
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