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The data in this article is simply wrong. Alphabet didn't layoff 10,000 people in November, or announce such a layoff. Looks like it's recycling some low-qualit
by returningfory2 4y ago
The data in this article is simply wrong. Alphabet didn't layoff 10,000 people in November, or announce such a layoff. Looks like it's recycling some low-quality speculative layoff articles and presenting them as facts.
- ortusdux 4y agoThey announced in Nov their intent to layoff 10k people in Q1 2023. https://www.nasdaq.com/articles/alphabet-reportedly-seeks-to-lay-off-10000-employees# https://www.nasdaq.com/articles/alphabet-reportedly-seeks-to...
- jsnell 4y agoThat is not an announcement.
- UncleMeat 4y agoThis is false. A forbes contributor page (no editorial oversight) concluded that because Google introduced a new performance review system this spring that expects to rate roughly 6% of the company below expectations (roughly 10,000 people) that the company is planning on laying off 10,000 people. This is just a completely unfounded leap of logic but it is so juicy that it was repeated everywhere. All of the information about GRAD was made available in like April and was worked on well before we even reached 2022. Even with the old system, the majority of people who received NIs (targeting 2% of the company) were not fired.