Google Might Layoff 10,000 Of Its Staff Introduced New Performance MarketGyani.com
Google Might Layoff: After retrenchment in many big companies of the country and the world, now the name of Google can be included in this list. Google company is preparing such a review system, due to which the jobs of 10,000 employees of that company are in danger. Earlier, social networking platforms Twitter, Facebook, e-commerce company Amazon, Meesho have laid off their employees. Every day some or the other company is showing the way out of the job to its employee.
what is the new system
This year Google is coming up with a new performance review system, it will be launched soon. This review system, started for the performance calculation of employees, has been named Grad Google Reviews and Development. This move of Google will affect 10,000 employees. At the same time, it is possible that the company has taken this step only to reduce its expenditure.
Problems with the new system
According to media reports, big companies are already trying to reduce their expenses due to the coming worldwide recession. Even a big tech company like Google is considering this step as correct. Troubled employees are openly complaining about this new review system of Google. In this system, the employees of the company are worried about the procedural and technical problems related to the year-end deadline. Tech companies have fired more than 45,000 people in the month of November alone.
Employees will get rank
Google employees say that under this new ranking system, about 6 percent of the company’s full-time employees will fall in the low-ranking category. Earlier only 2 percent of the employees used to come under this purview. At the same time, it is very difficult to achieve high marks in the new ranking system. In this system, it is estimated that only 22 percent of the employees will get high ranking, while earlier the number of such employees used to be 27 percent.