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Google to lay off 10k “poor performers”

independent.co.uk

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Re: Google to lay off 10k “poor performers”

#51

Post by ivalm »

soperj wrote: post #40
mc32 wrote: post #10

Earlier quoted context omitted.

With the exception of companies going under or closing divisions or departments what kind of companies shave off “high performers”? Sure some high performers could erroneously slip trough but the intent is predominantly to lay off poor performers (sometimes high earners or older employees, but not usually)

This is Bain Capitals MO actually. The whole point is to layoff the highest paid people and have the company coast along on previous momentum, making the profit look better so they call sell it off.

I assure you alphabet isn’t looking for a buyer.

Re: Google to lay off 10k “poor performers”

#53

Post by sbarre »

soperj wrote: post #40
mc32 wrote: post #10

Earlier quoted context omitted.

With the exception of companies going under or closing divisions or departments what kind of companies shave off “high performers”? Sure some high performers could erroneously slip trough but the intent is predominantly to lay off poor performers (sometimes high earners or older employees, but not usually)

This is Bain Capitals MO actually. The whole point is to layoff the highest paid people and have the company coast along on previous momentum, making the profit look better so they call sell it off.

How is this relevant to Google's plans in this case?

Re: Google to lay off 10k “poor performers”

#54

Post by akamaozu »

sbf501 wrote: post #32
projectileboy wrote: post #7

It’s incredibly shitty to telegraph to other employers that all the people you’re about to layoff are damaged goods. Completely unnecessary.

Oh it is totally passive-aggressive coersion. The notion of "poor performers" is a sign of bad management. They bloat the company to where they can no longer get their billion dollar handouts, er, payouts, and then take it out on people who actually care about their jobs and claim they are "poor" at it. While scaring the shit out of everyone else. I know there are going to be a bunch of bros who think, "Yeah, that's…

Company in question is Google, not Amazon.

Re: Google to lay off 10k “poor performers”

#55

Post by sokoloff »

johnnypangs wrote: post #26

Is the current macroeconomics really a good reason to lay people off? It feels to me almost like double speak for a company that just made less money than they expected and blaming it on the economy rather than taking any responsibility.

If your primary business is selling ads and ad spending by companies is down (a macroeconomic factor), that seems a pretty logical connection between the macro and the ad company's response to it.

Re: Google to lay off 10k “poor performers”

#57

Post by lb1lf »

projectileboy wrote: post #7

It’s incredibly shitty to telegraph to other employers that all the people you’re about to layoff are damaged goods. Completely unnecessary.

-At a former employer, the upper management managed to one-up this by telling those of us still working there that we were the damaged goods; during an all-hands meeting where it was announced that we were to acquire a competitor, our CFO managed to blurt that

'We've learned from past acquisitions, and this time we will ensure that the onboarding experience is a good one. We can not and will not end up with a repeat of our former acquisition, where the bulk of the people we were interested in, left...'

I wish I was making this up.

Re: Google to lay off 10k “poor performers”

#58

Post by baron816 »

sio8ohPi wrote: post #48
projectileboy wrote: post #7

It’s incredibly shitty to telegraph to other employers that all the people you’re about to layoff are damaged goods. Completely unnecessary.

Don't blame Google yet. This is Forbes fabricating a story for clicks, and the Independent parroting it uncritically. It's possible (and IMO likely) that Google will undergo layoffs (but you don't need to be Nostradamus to predict "company will undergo layoffs" during a recession), but both Forbes and the Independent appear to be misrepresenting their speculation as special knowledge.

Yes, this is not a real story. Pure speculation. No real sources.

IMO as a Google employee, I don’t see layoffs happening. The company has started hiring again. My coworkers are flooded with interviews. We’re still having holiday parties and other “fun” spending seems to have returned. I have no inside knowledge, that’s just my own personal observation.

Re: Google to lay off 10k “poor performers”

#60

Post by revskill »

rychco wrote: post #39

I'm sure it's already been said, but I genuinely avoid all new Google products/services like the plague. I don't see how anyone could comfortably invest time into a Google service when they have a graveyard of over 200+ cancelled services. If I were an employee, I would be incredibly demotivated. Why build anything new at all? Why work hard at all?

Yes, even i don't use Golang at all, as i don't trust any of them for long term.
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