He needs to get fired. The job of a CEO is to steady the ship during temporary economic anomalies. The inability to see life and policy under Covid as such an anomaly and to get misled into a hiring binge demonstrates shocking incompetence.
2022 Net Income - $60B
Yes, Google's revenue and income growth rates aren't stratospheric like they used to be. It seems to have more competition for core products than in the past. But like, it makes an absolute shitload of money.
And keep in mind, google's winning strategy has been to overhire and drain the talent pool from its competition. Laying off people to follow a trend is utter incompetence when those people are your ultimate winning strategy.