Google gets ready to fire employees; tougher review system to come soon

via businesstoday.in:

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Google is introducing a new performance review system expected to result in more employees at risk of receiving low-performance ratings. Additionally, fewer employees will be able to achieve high marks compared to previous years. During a recent all-hands meeting, Google executives revealed details about the new review system for its employees. This new system will take effect next year.

According to a report by CNBC, under the new system, Google estimates that 6 per cent of full-time employees will fall into a low-ranking category. This will put them in the high-risk category, which could even end up in termination. The report suggests that Google will take corrective action for these employees. Just for context, Google marks only 2 per cent of employees under the current system.

In an internal meeting earlier this month, Google CEO Sundar Pichai did not rule out the possibility of a layoff. The lower 6 per cent of the employees correspond with the report claiming that 10,000 Google employees will be removed from their jobs in 2023. The new review system will aid the management to take that decision. The tech sector in US has been reeling with job cuts as most of the top brands are laying off a record number of employees. Compamies like Meta, Amazon, Twitter and Salesforce have decided to shrink their workforce.

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