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Monday 19 August 2013

Google's ending of '20 percent creative perk' googly sends employees into spin

Google has reportedly ended its '20 percent time' for creative work scheme to its employers which allowed them to work on side projects has left many employees in a tizzy making them totally work bound.
According to the Huffington Post, Google's famous perk has not been officially acknowledged by the management to be moribund.
The report said that Google's founders had cited this 20 percent of time as instrumental to the company's ability to innovate which led to the incubation of ventures like Gmail, Google Transit, Google Talk, and Google News, among other projects.
Google's previous policy allowed all Googlers time to work on independent project, however, the new rule requires employees to get approval from the management based on the productivity of their respective teams.
CEO Larry Page had also announced a strategy that would put more of Google's resources and employees behind a smaller number of projects which meant a closure to the Google Labs and ultimately compromising upon the creative time.
Recently, Forbes list of most innovative companies placed Google at a disappointing number 47 booted down by lesser known companies which includes coffee chain Starbucks, thereby highlighting how tech giants are increasingly losing out on their creative streak.

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