After the layoffs of tech companies like Meta and Amazon, Google is also preparing to cut its workforce. Google’s parent company Alphabet may soon follow this path amid staff cuts by the tech giant. This has been revealed in a report.
According to a report, Google may lay off around 6 percent of its workforce or 10,000 people. The company is first identifying those who are underperformers or those who are performing less than expected. The reason for the cut is said to be the deteriorating global financial condition of the company.
What is Google’s plan?
Team managers have been asked to appraise the employees under the ‘Ranking and Performance Improvement Plan. Take-off could begin as early as 2023. Based on this, it can be said that layoffs are just a few weeks away. Let us tell you that in the last performance review, about two percent of the employees were kept in the red list.
After the layoffs of tech companies like Meta and Amazon, Google is also preparing to cut its workforce. Google’s parent company Alphabet may soon follow this path amid staff cuts by the tech giant. This has been revealed in a report.
According to a report, Google may lay off around 6 percent of its workforce or 10,000 people. The company is first identifying those who are underperformers or those who are performing less than expected. The reason for the cut is said to be the deteriorating global financial condition of the company.
What is Google’s plan?
Team managers have been asked to appraise the employees under the ‘Ranking and Performance Improvement Plan. Take-off could begin as early as 2023. Based on this, it can be said that layoffs are just a few weeks away. Let us tell you that in the last performance review, about two percent of the employees were kept in the red list.
Have you had any hints about this before?
Google chief executive Sundar Pichai indicated this a few months ago. Google, as a company, believes that when you have fewer resources than ever, you have to prioritize the right things to get the job done, he said. In such a situation, it has to be seen whether your employees are really productive.
Recently some global tech companies Amazon, Twitter, and Meta have laid off thousands of employees. Twitter chief Elon Musk has decided to cut Twitter’s 7,500 employees by almost half after it acquired the micro-blogging site. Microsoft has also implemented job cuts.
