📚 Google Tells Employees That Fewer of Them Will Get Promotions To Senior Roles

Google is warning employees that fewer of them will receive promotions to more senior levels this year than in the past. From a report: "The process is manager-led and will be largely similar to last year -- though with our slower pace of hiring, we are planning for fewer promotions into L6 and above than when Google was growing quickly," the company said in an email that was viewed by CNBC. The L6 distinction refers to the first layer of staff that's considered senior and typically includes people with about a decade of experience. The changes come as Google implements a new performance review system called Google Reviews and Development (GRAD), which as CNBC reported in December, will result in more Google employees receiving low performance ratings and fewer receiving high marks. Like many large tech companies, Google has a sprawling middle management. According to last year's internal survey results that affected the company's ability to ship products efficiently. Google also is in the midst of trying to cut costs as growth decelerates and recession concerns persist. The company has slowed hiring and announced in January that it's cutting 12,000 jobs, or about 6% of the workforce. In Monday's email, the tech giant said it's promoting fewer people to senior roles "to ensure that the number of Googlers in more senior and leadership roles grows in proportion to the growth of the company."

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