Alphabet Seeks to Cut 10k Poor-Performing Googlers
forbes.com
forbes.com
>They are hoarding talent from their rivals and paying workers handsomely so there isn’t a motivation to quit and build a startup that will disrupt the status quo.
What is this article? I don't understand if this is tongue-in-cheek or if there really is something as tone-deaf as this. Regardless, the cut is expected at this point.
Someone who has created their own worth saying that there are people being paid salaries without creating enough value to justify said salaries is not tone deaf. I bet most billionaires - at the very least, the self made ones, which is most of them in the US - have a better sense of value than most other people.
The comment isn’t about making too much money. It’s about being given too much money in exchange for what is produced.
Anyone in the industry knows that's exactly why so many are hired and so little output happens. Anyone who has friends at the company will tell you those stories.
There's been a performance review system forever. There's been expected distributions across large groups forever. The only two things that are new are
1. The system has a new name
2. There is a new bucket for "below expectations but not so far below that it crushes your compensation for next year"
That's it.
Nobody knows if Google will lay people off. But this game of telephone rumors is a mess.
I do expect competition for entry-level is going to be fiercer than ever, though.
Are the days of 750k TC due to stock appreciation over? Prolly. Do engineering staff tend to bring considerably more value than they cost at mid-level companies? Yes.
because with a $100k salary you'll have a very nice lifestyle in pretty much all of Europe. Even in Singapore that'll pay for a nice flat with rooftop tennis court, pools, and gym in walking distance to 100+ restaurants.
With remote work, you're competing against all of those people who are ecstatic about a $80k annual salary.
Companies are not going to find it easy to hire Eastern European or Singaporean devs and get them to produce value - at least not any more than they did pre-pandemic.
Remote work has been massively overhyped; IMO it does noticeably make organizations less productive after some time has passed and people need to plan the next big project.
Seeing someone in-person is insanely high bandwidth. It takes an hour to plan a thing that might have taken a day's worth of frustrating meetings and two design docs.
I'm convinced at this point that anyone saying otherwise is either senior enough to be able to browbeat everyone else who has thoughts on their plans (and then design truly awful systems ime) or knows the truth and enjoys the extra free time.
In any organization you can stack rank and fire the lowest whatever percent of people. Don’t think they are somehow bad software engineers.
I much prefer working with good people who are average coders than brilliant coders who are insufferable colleagues.
Many poor performers at my startup ended up at Google and Facebook
Everyone’s performance differs depending on the environment and their personal context. I’ve know poor performers whose impact shot up once they were no longer asked to do things that frustrated them, for example.
Nope.
A company does not have agency or free will.
This system was announced in like March. Nothing about it has changed since then.