Google is reportedly willing to let go of 6 per cent of its employees. This accounts for 10,000 people. Google will use a ranking system and the lowest-ranked employees are expected to be fired from the company
Another big tech giant might soon start laying off employees in the thousands. Alphabet's Google might soon layoff up to 10,000 employees, owing to the growing pressure on the company to downsize.
A report by The Information has claimed that Google managers have been asked to analyse and rank the 'poor performing' employees. The company is reportedly willing to let go of 6 per cent of its employees. This accounts for 10,000 people. Google will use a ranking system and the lowest-ranked employees are expected to be fired from the company.
Google has witnessed a major spike in hirings in the past quarter. Experts have been warning Google about its inflated workforce as well as salaries. Billionaire activist investor, Christopher Hohn, has claimed that Google employees are paid a lot more, in comparison to the rest of the industry. He claimed that the hiring has outpaced the actual need of the