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Google Rolls Out Panda 4.1 Against Poor Content

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Recently, Google has announced that it is rolling out Panda 4.1 Algorithm against the poor quality content. The update has started rolling out and according to Pierre Far 3-5% queries will get affected from this update.
Google is rolling out this update to treat against poor quality content from search results.
Google Rolls Out Panda 4.1 Against Poor Content

How it will affect?

This new update is against the poor and thin content. Panda will identify the website with poor content and it will results in a greater diversity of high-quality small- and medium-sized sites ranking higher, which is nice.
In the announcement Pierre Far said:

Based on user (and webmaster!) feedback, we’ve been able to discover a few more signals to help Panda identify low-quality content more precisely. This results in a greater diversity of high-quality small- and medium-sized sites ranking higher, which is nice.

Depending on the locale, around 3-5% of queries are affected.

This update is good for those having quality content but also a headache for some those with thin content. So, if you see an increase in your traffic by the end of the next week then congrats its good and if you've a sudden decrease in your traffic, or if you see it in the coming days then its mean that this panda update has affected you.
SEJ's Founder Loren Baker said that:

This new Panda algorithmic update reinforces the fact that Google is not a fan of thin content and that crawl efficiency along with serving clear and direct data messages to Google are becoming more important than ever.Specializing XML sitemaps, trimming back on thin content and making sure that you are serving Google exactly what they need with minimal effort expended on part of Google-bot needs to be a huge emphasis. More so, also making sure that even in XML sitemaps, crawl priority is properly defined, and old content is not recrawled unless there is specific reason.

So, guys lets see what's going to happen next. We are calling this update ad 4.1 because Google said that the previous update was 4.0, then obviously this is 4.1.