Google parent Alphabet may lay off 10,000 employees: Report
At a time when Silicon Valley companies are on a firing spree, Google is one of the few companies that has stayed away from showing its employees the exit door. However, this could change soon as a report claims that the pressure to improve the productivity of its workers is forcing the company to rethink its decisions.
The Information recently reported that Alphabet – the parent company of Google – is implementing a new performance management system that will help team leaders and managers to get an in-depth idea about underperforming employees. These underperforming employees – which could be up to 10,000 – may then be fired from the company. The report claims that this could happen as early as next year.