Google’s parent company Alphabet is preparing to lay off 10,000 people. For this, Google is going to use the ranking system.
Image Credit source: PTI
Recession is being seen in big companies around the world. Recently companies like Twitter, META and Amazon have laid off thousands of employees. In this episode, now the name of Google is also being added. According to media reports, Google can also lay off 10,000 employees. Google Alphabet’s parent company may soon take a decision regarding job cuts.
The company is reviewing the employees and the employees performing poorly in the review will be thrown out of the company, at the moment Alphabet is like other big tech companies of the world, in such a situation, Google is also under pressure to reduce its cost. And the company is starting it by reducing the number of employees.
6 percent of people in Google are at risk
According to media reports, the company is preparing to show the way out to 6 out of every 100 employees, which is equal to about 10,000 employees. For this, Google is going to use the ranking system and the employees who come at the bottom of the ranking will be thrown out of the company.
The special thing is that some time ago Google had recruited a large number of people. After which experts and investors started warning the company management about the increased cost.
New recruitments were done
Google did rapid hiring in the last quarter and many more employees Google Linked with that. Experts had been warning the company earlier also about its fast growing workforce and its salary. Billionaire investor Christopher Hahn claimed that Google is paying its employees more than the industry and hiring more employees than necessary.
The tech company had earlier announced that it would slow down the hiring process in the last quarter of the year. However, due to the current circumstances, this company has to remove about three times the number of employees than normal conditions.
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