Another blow to Google employees: now the company will cut promotions, in January it laid off 12 thousand employees.
Google has given another blow to its employees amid reports of layoffs. The tech giant company has sent an e-mail to the employees. It has been warned that this year the promotion of the employees holding big posts will be curtailed.
According to a CNBC.COM report, this year only a dozen employees will get promoted to higher senior level. In an e-mail sent to the employees, the company said that promotions this year would be largely similar to last year. However, we are also doing recruitment at a slow pace. We are planning fewer promotions than before.
Implemented performance review system for employees
The company has made these changes under the new performance review system created for the employees. The name of this review system is Google Review and Development (GRAD). According to reports, this system will give performance rating to Google employees, on the basis of which promotion will be decided. In this, the manager will nominate the employees for promotion. On the other hand, the employees working in the technical department will be able to nominate themselves.
453 employees were fired in India
Big tech companies are trying to cut costs amid fears of a recession. Recently, Google laid off 453 employees in India from different departments including sales and marketing. Apart from this, Google’s parent company Alphabet Inc also announced the dismissal of 240 employees from its operation in Ireland in February to reduce its global workforce. Earlier in January this year, Google had said that it was cutting 12,000 jobs or about 6% of the workforce worldwide.