Changes to Google's employee appraisal system stir layoff fears
After several major technology companies announced layoffs due to macroeconomic headwinds in the last few months, Google is now under the spotlight as news reports this week predict that the company will cut at least 10,000 jobs.
The forecasts are based on a report from the Information, which said that under the Google Reviews and Development (GRAD) program, launched earlier this year, managers have been told to allocate a low performer rating to at least 6% of employees compared to 2% under the old performance review process.