On Friday, Alphabet CEO Sundar Pichai announced layoffs affecting 12,000 positions at Google’s owners.
Some employees who made him up to $1 million were also laid off, reports The Information.
“I take full responsibility for the decisions that have brought us here,” Pichai said in a memo to staff.
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Among his 12,000 employees laid off by Alphabet CEO Sundar Pichai on Friday are both high-performing employees and his seven-figure employees, according to The Information.
The Google executive, who spoke on the condition of anonymity, said those who lost their jobs included those who scored highly on performance reviews and those who moved into senior positions with salaries ranging from $500,000 to $1 million a year. He said that he was
According to job site Indeed, the average salary for managers at US tech giants was about $165,000.
In January 2022, Insider reported that four executives received raises of up to $1 million and extra stock his options after complaining about wages and inflation.
Google did not immediately respond to an insider’s request for comment.
“We were hiring because of an economic reality that is different from the economic reality we are facing right now,” Pichai said in an email to all employees on Friday. I take full responsibility for the decisions that have led to
The company introduced a new “helpdesk signup” policy last month, according to an insider confirmed to work for Google. This has been described as “a thoughtful-sounding euphemism for his alert performance regarding your personal track record”.
A source told Insider that the new rating system is a “talk” between managers and employees.
They added that someone in HR called it “tough love” and prompted employees to comment.
According to the information, Google instructed the administrator to place many employees in the low performing category during his performance review.
The system was particularly tough on new hires, according to an employee who spoke to an insider. The employee added that some people, who he has only been with the company for three months, have already received “support checks” for not meeting all expectations. .
Earlier this month, a spokesperson for the Alphabet union told Insider he had no complaints from new hires. He did not immediately respond to an insider’s request for comment seeking an update on sentiment after the layoff.