Amid the layoffs wave, American mobility service provider company, Uber will sack employees on the ground of a ‘more rigorous approach’ to performance reviews.
However, Uber is not using the term “layoff” to describe the recent terminations and has stated that it will fill the affected roles with new hires.
The company said, “Uber job cuts are a part of the performance review process.” The company is planning to maintain its headcount and will hire new employees to fill the impacted roles.
According to reports, an Uber spokesperson said, “This year, we’ve taken an even more rigorous approach to our performance review process to ensure our talent bar remains very high.”
“We plan to backfill these positions and will continue to invest in attracting and retaining top talent at Uber,” an Uber spokesperson added.
Recently, Meta (formerly named Facebook) has given poor performance reviews to around 7,000 employees. The company has marked the employees as “subpar” in recent performance reviews.
The parent firm of Facebook and Instagram also got rid of a bonus metric. However, the reports also suggested that the performance system may even signify that poor performance reviews may lead to Meta layoffs.
As per recent reports, So far in 2023, there have been 507 layoffs at tech companies with 144,042 people impacted (2,718 people per day). In 2022, there were 1,535 layoffs at tech companies 241,176 people were impacted.
Tech companies have either frozen the hiring process or laid off many employees. The major companies that laid off employees include Infosys, Amazon, Google, Microsoft, Byju’s, Wipro, and Salesforce laid off a maximum number of workers globally.
Earlier in November, Amazon announced that will be layoff 10,000 employees. However, the company further added 8,000 employees, and the total layoffs were announced as 18,000 employees. On the other hand, Google sacked roughly 12,000 staff and Salesforce laid off 7,000 employees.