Hi there,
I heared that Google announced a new algorithm change that looks at your page layout and if the ads above the fold are excessive, your site can be penalized and downgraded in the search results.
Is it true?
Can you tell me about it?

hi. Its not like that. Google is very clever , he believes that those sites who deserves to be in ranking list will be added by Google. If you have given your best then definitely you will also get the good results.

That's true, Google penalized that sites only have ads on their website and that's look like an ads agency.

HI.
Yes it is true. So, we need to do work hard.