131–140 of 543 posts
Earlier quoted context omitted.
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.
One could argue he's ruined that too because of all the scam ads they push on a daily basis.
I simply don’t see what good this CEO has done. He’s destroyed googles reputation with developers. Destroyed customer trust in Google products. Done nothing to fix googles reputation for terrible customer service. Led Google to third place in cloud computing. AND been thrashed by Microsoft / ChatGPT, putting Googles core business at risk. Why is this guy CEO?
He might be a smart nerd but he’s not a leader.
Earlier quoted context omitted.
CEO made bad decisions that many other companies avoided. CEO panicked and fired thousands unprofessionally. CEO received record compensation.
> CEO made bad decisions that many other companies avoided. Like what? Over-hiring? Many other companies avoided? Like which big ones? Amazon, Microsoft etc.? > CEO panicked Sounds like hyperbole > fired thousands unprofessionally How do you fire thousands professionally? I thought ensuring market and shareholder satisfaction was the top priority for CEOs and they get paid to make those unpopular decisions as/when de…
While true, it's fairly obvious that the Google firings have been badly mishandled. There are stories of SREs getting fired/locked out while still on duty. And in general, sending firing emails at 4am in the morning is very bad class in a company that claims where "don't be evil" and "trust your employees" are pillars of the company is, ... well, not good for PR.
What I don't get about CEO compensations is, do they even work? Like I get that you're a high impact person and you should have the proper incentives to lead the company in the right direction, but do the crazy compensations actually achieve that? Like is there any difference between $100M and $200M? Both of those numbers are way higher than anyone and their children can use in their entire lifetimes, why do you even…
Earlier quoted context omitted.
What's even the risk? If the CEO of Google gets fired, he just ends up as the CEO of another Fortune 500 company. If he can't even land that role, he can just go around pocketing $50k/event speaking fee. Of course, that's only if he doesn't want to degrade himself by taking on a VP-level role at another Fortune 500 company.
226M / 50k ~ 4000 events a year. Poor fellow couldn’t pull that off.
Earlier quoted context omitted.
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?
Good for you that you're from Denmark. It seems like an amazing country that I would love to visit and spend some time or even live in, but I'm afraid I couldn't fall in love with the language. Unions can ensure that the employees get a fair share of the revenue in proportion to the upper mgmt. They also can remove artificial promotion hurdles, that at Google happens according to destructive internal dynamics. Such d…
What is a fair share of revenue? Is a google SE earning 300K an exploited worker because Pichai earns many times that?
> They also can remove artificial promotion hurdles, that at Google happens according to destructive internal dynamics.
What is the correct (non-artificial) way to handle promotions? Union workplaces tend to overvalue seniority which isn't a great situation.
Earlier quoted context omitted.
CEO made bad decisions that many other companies avoided. CEO panicked and fired thousands unprofessionally. CEO received record compensation.
> CEO made bad decisions that many other companies avoided. Like what? Over-hiring? Many other companies avoided? Like which big ones? Amazon, Microsoft etc.? > CEO panicked Sounds like hyperbole > fired thousands unprofessionally How do you fire thousands professionally? I thought ensuring market and shareholder satisfaction was the top priority for CEOs and they get paid to make those unpopular decisions as/when de…
They ended up rolling back the France layoffs when they realized they goofed, but Germany and the UK are still pending.
If that's not an example of rushed, I don't know what is.
Or how about sending that "Cloud had the best year ever" hours before the Canadian layoffs were announced.
If anything the issue is that Google remains vastly overbloated. The large tech companies have been hoarding very skilled people and letting their abilities atrophy, trapped by high pay. It’s bad for Silicon Valley, bad for the individuals, and bad for progress.
A decent number of them are able to retire at 35-40.
That's awesome for individuals.
... 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"?
Reputational risk does affect the supply of viable CEO candidates (here we are deriding Pichai for perceived Google failures), but it’s far from the only factor. The main reason CEO total comp is so high in big companies is to align the CEO with the interests of shareholders. Something the layoffs with likely also aligned with.
What I don't get about CEO compensations is, do they even work? Like I get that you're a high impact person and you should have the proper incentives to lead the company in the right direction, but do the crazy compensations actually achieve that? Like is there any difference between $100M and $200M? Both of those numbers are way higher than anyone and their children can use in their entire lifetimes, why do you even…