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Googlers angry about CEO’s $226M pay after cuts in perks and 12,000 layoffs

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Re: Googlers angry about CEO’s $226M pay after cuts in perks and 12,000 layoffs

#151

Post by dmonitor »

lvl102 wrote: post #130
endisneigh wrote: post #115

Earlier quoted context omitted.

Such hyperbole. Apple is superior in every financial metric. I don’t know how anyone can say this with a straight face while apple exists.

What did Tim actually accomplish though? He’s there to essentially “keep” what Apple already established under Steve Jobs. Nadella made some big decisions to completely remake Microsoft. By the way, return (not including dividends) is about the same between AAPL and MSFT since Nadella took over on February 2014 which is simply amazing if you think about the differences between the two companies.

Apple not but three years ago transitioned their entire Mac lineup to a brand new architecture. That could have been disastrous.

Re: Googlers angry about CEO’s $226M pay after cuts in perks and 12,000 layoffs

#152

Post by Maursault »

roflyear wrote: post #109
easytiger wrote: post #92

Earlier quoted context omitted.

Mr Buffett is 92 years old and works every day and is worth approx $120 billion. In the past 70 years hes had more money than needed for him to decide to give it all up. Why hasn't he?

It's sad really

Some people are so poor, all they have is money

Re: Googlers angry about CEO’s $226M pay after cuts in perks and 12,000 layoffs

#153

Post by callalex »

ddol wrote: post #48
tehlike wrote: post #40

Earlier quoted context omitted.

Google performed only slightly better than QQQ in the past 5 years, and performed significantly worse than AAPL. Tim Cook doesn't get that comp, if that's what you mean.

Doesn’t Laurene Powell Jobs still hold 5.5% of AAPL through the Steve Jobs Trust?

Did you reply to the correct comment?

Re: Googlers angry about CEO’s $226M pay after cuts in perks and 12,000 layoffs

#155

Post by lvl102 »

endisneigh wrote: post #143
lvl102 wrote: post #130

Earlier quoted context omitted.

What did Tim actually accomplish though? He’s there to essentially “keep” what Apple already established under Steve Jobs. Nadella made some big decisions to completely remake Microsoft. By the way, return (not including dividends) is about the same between AAPL and MSFT since Nadella took over on February 2014 which is simply amazing if you think about the differences between the two companies.

Why downplay Tim Cook? If it is so obvious what to do why isn’t Microsoft a bigger company? Why make disruptive changes? Stay the course and refine. That’s apple, and that’s why they’re the biggest. That’s also why they didn’t foolishly overhire and why layoffs were not necessary for them. And finally, why wouldn’t include dividends? SMH

I am not downplaying Tim at all. He’s good at what he does but he and Nadella is not on the same level in terms of accomplishments. Tim was handed a silver platter that is iPhone. Nadella completely changed Microsoft.

Re: Googlers angry about CEO’s $226M pay after cuts in perks and 12,000 layoffs

#156

Post by singleshot_ »

JoeAltmaier wrote: post #88
dann0 wrote: post #85

Earlier quoted context omitted.

You're discounting the people that identified the opportunity, scoped out and defined the project, and then briefed you about what was needed. Sales, Marketing, and GTM are absolutely generating 100x - 1000x their salary if they take sole ownership of a project like you are doing. SWEs are good are solving problems, but other people determine which problems to pay attention to, and how much investment to make in them…

In some companies, yes. In other engineering-driven companies it's the other way around. In many organizations, marketing is just asking customers what they want. E.g. ask a farmer from the turn of the century, they'd have said "I want a horse that pulls harder and eats less oats!" They'd never have said "I want a tractor!" It's Engineers that conceive of tractors.

Every time I hear this horse argument I picture a horse that is as strong as 1000 horses and goes 300 miles per hour and I get really sad that they invented cars instead of just giving people what they wanted.

Re: Googlers angry about CEO’s $226M pay after cuts in perks and 12,000 layoffs

#157

Post by ribosometronome »

quitit wrote: post #47
gregdoesit wrote: post #11

Got to give it to Larry Page and Sergey Brin for having their cake and also eating it. They control ~51% of voting power with shares thanks to owning ~85% of class B shares. They have had the benefit of someone else running the company for 8 years - and increasing the value of it - and now, when things are not looking great, it’s Sundar Pichai who gets the blame, and the focus on his compensation: and not those who s…

While all valid points, the current outrage is driven by the spiking CEO pay while making significant cut backs, this is all set against a wider landscape of belt tightening, a looming recession and the observation that CEOs are earning historically high pay ratios. Those high ratios led Apple shareholders to request a pay cut of their CEO, and that was without poor performance or firing workers.

>Those high ratios led Apple shareholders to request a pay cut of their CEO, and that was without poor performance or firing workers.

It was also a pay cut from a TCTC (Tim Cook total compensation) high of $99 million the year before, which seems mindbogglingly high but also make him out to be a bargain in comparison to Pichai.

Re: Googlers angry about CEO’s $226M pay after cuts in perks and 12,000 layoffs

#158

Post by the_only_law »

lakecresva wrote: post #154
mkoubaa wrote: post #139

As an employee of a publically traded software company, I can never understand why people feel entitled to their job. I sell my time to my employer and either party can back out of that transaction

[flagged]

Surprisingly common on here. or perhaps not so surprisingly…

Re: Googlers angry about CEO’s $226M pay after cuts in perks and 12,000 layoffs

#159

Post by endisneigh »

lvl102 wrote: post #155
endisneigh wrote: post #143

Earlier quoted context omitted.

Why downplay Tim Cook? If it is so obvious what to do why isn’t Microsoft a bigger company? Why make disruptive changes? Stay the course and refine. That’s apple, and that’s why they’re the biggest. That’s also why they didn’t foolishly overhire and why layoffs were not necessary for them. And finally, why wouldn’t include dividends? SMH

I am not downplaying Tim at all. He’s good at what he does but he and Nadella is not on the same level in terms of accomplishments. Tim was handed a silver platter that is iPhone. Nadella completely changed Microsoft.

Apple literally has updated all of their Macs to a new architecture. While competing with tens of vendors in every product category at a variety of price points. You are being absolutely ridiculous. Apple is literally stealing market share from Microsoft in every product category in which they compete.

Re: Googlers angry about CEO’s $226M pay after cuts in perks and 12,000 layoffs

#160

Post by aeyes »

ebiester wrote: post #93
falcolas wrote: post #66

Google’s board has spoken, and the price of their stock today matters more than the company’s future. If I was an employee who cared about Google’s vision, or what other services they could offer the world, the I’d probably be angry at the squandered opportunity too.

If they were angry enough, they’d unionize.

A union doesn't protect against layoffs.
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