Investor tells Google: Cut costs, stop paying staff so much
theregister.com
Investor tells Google: Cut costs, stop paying staff so much
1–10 of 13 posts
Re: Investor tells Google: Cut costs, stop paying staff so much
#2You would need a cartel of high tech companies and to lower the salaries together at the same time, for that to have minimal negative side-effects, i.e. people leaving for greener pastures. Oh wait.
Re: Investor tells Google: Cut costs, stop paying staff so much
#3Google's problem isn't that they are paying too much. It is that they aren't effectively using the talent they have. They have a bunch of extremely talented problem solvers that can make the same $500k total compensation working at any other large tech company, but they are stuck writing protobufs and yamls all day. While once nimble, in the recent decades Google has become saddled with bureaucracy and politics.
Re: Investor tells Google: Cut costs, stop paying staff so much
#4> "An analysis by S&P Global illustrates that median compensation at Alphabet was 67 percent higher than at Microsoft and 152 percent higher than the 20 largest listed technology companies in the US. There is no justification for this enormous disparity," said TCI.
Disparities are always unjustified if it takes more off my table.
Re: Investor tells Google: Cut costs, stop paying staff so much
#5Is it possible for activist investors to pressure Google when the two founders have something like 2/3 of the voting shares?
Re: Investor tells Google: Cut costs, stop paying staff so much
#6There is already very little growth left at Google. If the talent leaves, I believe Google will start a long term downward trend. I am not doubting Google employees are overpaid, but that’s the only way to keep them there at this point.
Re: Investor tells Google: Cut costs, stop paying staff so much
#7Person whose only contribution is to add money to the pile expect larger return by sticking it to people actually working at the company. News at 11.
Re: Investor tells Google: Cut costs, stop paying staff so much
#8google in dire need of better customer support in some products if it expects to stay competitive in the non-search and YouTube areas.
Perhaps moving the $$$ resources to the right place is in order.
200k off a 500k salary still leaves the 300k person in top 5% income earned in California. That leaves at least 100k for customer support person.
Edit: see other front page article, https://news.ycombinator.com/item?id=33632468
Re: Investor tells Google: Cut costs, stop paying staff so much
#9Google's problem isn't that they are paying too much. It is that they aren't effectively using the talent they have. They have a bunch of extremely talented problem solvers that can make the same $500k total compensation working at any other large tech company, but they are stuck writing protobufs and yamls all day. While once nimble, in the recent decades Google has become saddled with bureaucracy and politics.
Also it appears that any problem that's solved, needs to be solved at Google scale or its not worth solving. Any and all small projects will get canned. The graveyard provides anecdotes. Maybe an insider can confirm this.
Re: Investor tells Google: Cut costs, stop paying staff so much
#10Person whose only contribution is to add money to the pile expect larger return by sticking it to people actually working at the company. News at 11.
If you dont want to work for them, you're not required to.