A general partner at Andreessen Horowitz, a major Silicon Valley venture capital (VC) firm, has used Google as an “amazing example” of “fake work”.
David Elevitch, the investor in question, addressed the topic of fake work – the notion that many white-collar employees at large-scale companies have nothing to do, or add no strategic value to the business – in an interview with Emily Sundberg published in her business newsletter “Feed Me.”
"I don't think it's crazy to believe that half the white-collar staff at Google probably does no real work," Elevitch said. "The company has spent billions and billions of dollars per year on projects that go nowhere for over a decade, and all that money could have been returned to shareholders who have retirement accounts."
Sundar Pichai, CEO of Google, stated in a company meeting in 2022 that there were concerns that “productivity as a whole is not where it needs to be for the headcount we have."
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