YAHOO
Some of the 12,000 staff whose roles were cut by Alphabet CEO Sundar Pichai on Friday included both high performers and workers making seven figures, The Information reported.
Google managers, who spoke on condition of anonymity, told the outlet that some who lost their jobs included those with high scores on performance reviews or in managerial positions earning between $500,000 and $1 million a year.
The average salary for a manager at the tech giant in the US was about $165,000, according to employment website Indeed.
In January 2022, Insider reported that four executives got a pay rise to $1 million as well as more share options after they complained about pay and inflation.
Google didn’t immediately respond to a request for comment from Insider.
“We hired for a different economic reality than we face today,” Pichai said in an email to all employees on Friday, and took “full responsibility for the decisions that led us here.”
An Insider source, whose employment at Google has been verified, said the company had last month brought in a new “support check-in” policy that they described as a “compassionate-sounding euphemism for a performance warning mark on your personal record.”
The source told Insider the new rating system amounted to a “talking-to” from managers to employees: “It’s a sign that you need to shape up, or start looking for another job soon.”
