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

• 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.

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."

The move comes a little more than two months after Google announced it would lay off 12,000 workers, citing slowing economic conditions.

The memo, obtained by Insider, was signed by a handful of group leaders, including Porat and Prabhakar Raghavan, Google's search lead. Google didn't comment.

Here's the memo in full:

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