About 10,000 "low performing" employees would apparently be let go by Alphabet, Google's parent firm. Around 6% of its workforce is made up of them. The decision was made during the Big Tech Layoff Season, which was launched by Meta, Amazon, Twitter, Salesforce, and more as a result of challenging global conditions.
Google is to gradually let go of 10,000 employees using a new ranking and performance improvement plan, according to a report. Starting early in the following year, managers might be able to fire thousands of underperforming workers with the aid of a new performance management system. The report stated that managers could use the ratings to avoid giving employees bonuses and stock grants.
Managers are required to designate 6% of employees, or around 10,000 people, as low performers under the new approach based on their contribution to the company. The number of employees who can receive a high rating has likewise decreased under the new approach.
