For tech companies and the employees of Big Tech corporations like Twitter, Meta, and Amazon, among many others, 2022 has been a challenging year. It seems like 2023 won’t be any different. According to sources, thousands of employees at Google and Amazon will lose their jobs in the upcoming year. In reality, Google will soon begin using its recently created performance evaluation system, Google Reviews, and Development, to evaluate employees (GRAD).
According to online rumors, Google
Will soon begin using the new GRAD method to evaluate employee performance. According to reports, the performance management system aids managers in identifying underperformers on the team, which has ultimately anticipated to help Google in its impending layoff process. According to some previous rumors, the computer giant has expected to let go of up to 10,000 workers in the following months. Low performers in the performance management system will be more likely to lose their jobs.
The performance rating system is in place, and the review process is reportedly set to launch next year, maybe in the first part of the year itself, according to one of the most recent claims from CNBC, citing internal correspondence. Nearly 6% of Google’s full-time employees are anticipated to perform poorly under the new system, which increases the likelihood that these workers may be let go from the company. The paper emphasizes that the review mechanism will make it more difficult for staff to earn higher marks. According to Google, about 22% of workers will fall into one of the two highest categories.
The Information stated in another story
That “under the new approach, managers have been instructed to label 6% of employees, or around 10,000 people, as low achievers in terms of their influence on the business.” Meanwhile, it’s been reported that Google employees are dissatisfied with GRAD’s operational and technological aspects and think its employee ratings may be inaccurate.
Sundar Pichai, the CEO of Alphabet and Google, has been urging staff members to be more productive than ever since 2022. in the most recent all-hands meeting. Pichai stated, “I can’t honestly sit here and make commitments for the future because it’s challenging to foresee the future.” To be disciplined, to set priorities, and to rationalize where we can see so that we are better prepared to weather the storm, whatever lies ahead, Pichai advised.
Elon Musk’s Twitter and Mark Zuckerberg’s Meta had two of the largest layoffs of 2022. In the past few months, Musk and Zuckerberg have sacked tens of thousands of workers. And many of whom were H1B-visa-holding Indians working in the United States. While Musk did not mention such advantages, Meta declared that it would provide affected staff with immigration assistance.
— END —