Google is laying off 10000 underperforming employees under the new
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Google is laying off 10,000 underperforming employees under the new appraisal system

Against the background of the economic crisis, Google plans to introduce an employee evaluation system, which the company will use to get rid of 10,000 underperforming employees in the next year.

    Image source: Jonny Gios/unsplash.com

Image source: Jonny Gios/unsplash.com

The company plans to roll out a new performance management system that will give managers the power to lay off thousands of employees starting early next year. Therefore, managers are asked to select 6% (instead of the usual 2%) of Alphabet employees with low labor indicators. We’re talking about 10,000 people working for the company.

It is well known that employees with the lowest rating are forced to leave the company. In addition, the rating system can be used to limit incentive privileges and/or be considered in employee compensation.

In a letter to Alphabet, British billionaire Christopher Hohn, who speaks on behalf of hedge fund TCI and owns $6 billion in Alphabet assets, said the company has too many employees compared to previous hiring patterns and the number of employees not consistent with the existing business situation. He also lamented that employees are overpaid compared to the salaries of other tech giants’ employees and the company can make do with far fewer highly paid specialists.

Earlier this month, thousands of employees were laid off by Amazon, more than 11,000 people intend to lay off Meta*up to 6,000 employees will reduce HP.

* It is included in the list of public associations and religious organizations for which the court made a final decision to liquidate or ban activities on the grounds provided for in Federal Law No. 114-FZ of July 25. 2002 “On Countering Extremist Activities”.

About the author

Robbie Elmers

Robbie Elmers is a staff writer for Tech News Space, covering software, applications and services.

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