What's the new performance process?
People then leap off a reasoning cliff and assume that this means that everybody who is rated "not enough impact" or "meets most" in February will be fired. This would have required some pretty legendary economic foresight by the execs and it would require them to have done a lot of unnecessary work to redo the entire performance review process rather than just changing the ratings system.
I have no idea if Google will do layoffs. But the idea that GRAD was created to facilitate layoffs is fucking stupid.
Do you say that as at least a senior manager or based on what the company told you as an individual contributor?