Google layoffs have been buzzing around the internet; the low-ranking employee would be fired

There is no scarier word than the word "layoff". The job market is uncertain, especially after the pandemic. Downsizing is certainly not a good idea, as it can toll both the well-being of employees and organizations. Due to the surge of financial crisis, giant companies like Amazon, Twitter, and many others had initiated to downsize their employees in 2022. However, Google was away from laying off. Of late, this year-end Google announced to sack of many employees. Can expect the massive Google Layoff in early 2023. The CEO of the company spoke about this issue, to chop the expenses and save from the huge crisis. It is every techie's dream to get land in Google. This is because the company provides hefty salaries with good perks and stock bonuses. However, Google decided to get rid of the headcount gradually earlier in 2023, especially low-ranking category employees. As per sources, Google Layoffs are based on performance issues then obviously the affected employees would not receive any reimbursement due to the sudden job loss.

Who knows the company position better than management? Probably this could be the reason the management introduced Google Reviews and Development (GRAD) to evaluate, assess, and monitor employee performance. Dumping the old traditional practice of employee forms, the management included this strategy to cut short the employees in the forthcoming days. However, employees had a problem with this newly introduced GRAD evaluation system, as it created ambiguity among them while allocating performance ratings.

 Google to fire low-ranking category employees gradually in 2023, state several sources. Especially on the performance ratings that are received from the GRAD. Through this GRAD system, the management is likely to spot those ten thousand employees globally. There seems to be 6% of the employees fall under the poor performance category. The sources also added that the headcount seems to be ten thousand all across the globe, including India. To notice, Google CEO Pichai in his recent meetings gave a clue for layoff, without any official confirmation.

Looking back this year, the company has stopped hiring freshers or experienced candidates unnecessarily. This is also due to preventing unwanted expenses. Though the company has not laid off any employees this year throughout, the executives have been warned to get more efficient. As usual, the employees are worried about their job stability and worried if they are also one among those ten thousand employees.

This huge layoff at Google, probably the first time in antiquity is astonishing. Though the employees who don't fall under the poor performance category need not think their job is safe. Since there are many challenges for the employees to meet the year-end deadlines and the newly introduce grade system technical glitches. Before attaining this layoff reluctance, the company chopped unnecessary expenses like real estate expenses, reimbursement, perks, and travel cost. The company had also thought to close one of its branch offices in Detroit. Also, initially this year the company had anxiety about shutting off a few projects, which happened in September. The project based on the Farmington office was shut down due to the lack of roles, and almost eight employees were fired due to this. Due to the company's priority on cost-cutting, the management has been in the urge of rearranging the company structure. Due to this, some employees also lost their higher-level roles; however, they would be continued to work.

The company's project team managers are working on a draft to assess how to handle a team and get work done from an individual rather than hiring 2-3 employees. In the draft, the team managers are also putting efforts to plan a budget that justifies both the organization and employees. Hoping this kind of reorganization could save money for the organization without hurting employee well-being.

Due to this macroeconomic layoff environment, the employees of the company are suffering, even those who have sweat out for decades. Though the employees who are been underperforming are going to take off. Yet the employees who are working with good grades might have the insecurity of losing their job in near future. This massive layoff will demoralize the employee's confidence and take away their trust in the organization.