Meta Inc. and Twitter have been gracing the headlines lately with their layoffs, and Google might soon join the news.
Google is reportedly planning to lay off about 6% of its workforce — around 10,000 people — that managers described as “underperforming”.
The search engine giant is implementing a new performance management system, which allows managers to start removing underperforming employees starting next year.
This system also means avoiding paying employees bonuses and stock grants.
According to the report, managers were only expected to categorize 2% of employees in the “underperforming” bucket.