(no title)
dmlerner | 3 years ago
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> The formula looks at the variables below, and then spits out a "number" for every Googler. Each PA VP gets a % to cut, and as such there is a threshold. Anyone below that threshold gets RIF'd.
Variables are:
1) Location of labor. US Premium Plus was largely impacted versus cheaper areas. 2) Tenure and performance in level. 3) "Runway" of comp. (e.g. base salary vs MRP. eg. .8 of MRP Googlers have a long runway, vs 1.x of MRP Googlers are basically top of band, and 'tenured' with no runway except promo 4) Promo velocity
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Taken from https://www.teamblind.com/post/THE-DEFINITIVE-GOOGLE-LAYOFF-...
Disclaimer: Googler, but no particular internal-only information backing my impression of the above
zalyh|3 years ago
Anyways, I didn't understand the acronyms so I decided to feed it to GPT and it definitely made it easier to understand:
Google is using a formula to determine which employees will be laid off (known as RIF: Reduction in Force)
The formula takes into account various factors such as location of labor (with US Premium Plus areas being more heavily impacted), tenure and performance in the current level, "runway" of compensation (the difference between base salary and maximum potential salary), and promo velocity (how quickly the employee has been promoted within the company)
This formula calculates a "number" for each employee based on these factors
Each Product Area Vice President (PA VP) is given a percentage of employees they must lay off
Employees with a score below a certain threshold, determined by the formula, will be laid off
dmlerner|3 years ago