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Earlier quoted context omitted.
Did he make them money?
The only thing he has done is not destroy the Google cash firehose. The advertising cash firehose is perhaps the only thing that matters at Google. But, having been severely caned by ChatGPT and left flat footed on AI i think it’s reasonable to say even that firehose is now at risk.
The upper management at Google are so lucky that the company is filled with timid people who are averse to change and didn't unionize. Now they can safely siphon the profits for another several years until they inevitably drive the company into the ground when the ad revenue dries up, and they move to similar positions at other places with healthy revenue streams. And the rank-and-file Googlers will defend this becau…
... And getting caught flat-footed against Microsoft (and Adobe, but but not as loudly) in the precise field Alphabet is supposedly the insurmountable leader. Remind me again how big-co CEOs assume "all the risk"?
They are essentially celebrities with a personal brand that corporations will hire to have the celebrity’s name as head the org.
A good celebrity can bring fresh energy and new atmosphere to an organisation.
It’s unclear whether the average CEO is worth their compensation, but what is clear is that bad leadership can tank an organisation to zero.
I mean are you surprised by this? Companies do not exist for the benefit of labor, they exist for the benefit of shareholders. Why is this even considered news?
Labor is entitled to all it creates.
This title implies that Pichai is greedy and disenfranchising the employees. This is true, but at the same time: I would be extremely grateful to have worked at Google and be laid off. That's almost a non-problem.
The upper management at Google are so lucky that the company is filled with timid people who are averse to change and didn't unionize. Now they can safely siphon the profits for another several years until they inevitably drive the company into the ground when the ad revenue dries up, and they move to similar positions at other places with healthy revenue streams. And the rank-and-file Googlers will defend this becau…
I am from Denmark where we have strong unions protecting our working class and lower middle class. That is a good thing. However what is the benefit of ultra high income FAANG employees unionizing?
Having labor be more powerful can also help when execs push for morally questionable projects.
Lastly, FAANG employees are working class.
Earlier quoted context omitted.
This explanation you’ve cooked up is basically just a fan fiction. Any CEO who tried to “hold their board hostage” would be saying goodbye to their job, and likely their career, in short order. Pichai’s salary is $2 million. The rest of his compensation is incentives. Almost all of his compensation comes from incentive packages designed to align his interests with the interests of shareholders.
Does it bother you at all this this statement is just factually incorrect? The stock is down about 50% give or take over the past year and a half.
Someone please call Ja Rule so he can make sense of this man’s salary…
This sounds like a comment on reddit
I didn't use to abandon thread so much. Now I'm tired of skipping greyed-out blocks.