Alphabet, the parent company of Google, may not have had as profitable a quarter as expected. CEO Sundar Pichai reportedly told employees, "There are real concerns that our productivity as a whole is not where it needs to be for the headcount we have." This news comes after Elon Musk and Mark Zuckerberg raised the expectations for their employees. The tech sector has seen multiple layoffs and slower hiring rates, thanks partly to the economic downturn.