161–170 of 327 posts
I said this in another thread complaining about Pichai: Google 2019 Net Income - $36B 2022 Net Income - $60B If was part of the workforce I would be even more pissed just at the company itself. Laying off 12k and cuts in perks after $60B in net income.
This cuts both ways. How many of those laid off had any connection to that profit?
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…
It might just be me, but aren’t they all filthy rich, excessively profiting from their workers, handing them selves extreme wealth, while cutting their workers off from this wealth. This is exploitation. The owning class for the owning class. The rich benefit and the workers are left exploited. Larry, Sergey, Pichai, they are all participating and benefiting at the cost of the workers. Any in-fighting and rivalry is…
Good grief.
The highest paid workers on the planet, work for google. You should spread this communist blather at the proper place, coffee shops where workers aren't paid a living wage.
Not people able to retire wealthy, is they invest their salary coreectly.
Talk about entitlement.
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…
It might just be me, but aren’t they all filthy rich, excessively profiting from their workers, handing them selves extreme wealth, while cutting their workers off from this wealth. This is exploitation. The owning class for the owning class. The rich benefit and the workers are left exploited. Larry, Sergey, Pichai, they are all participating and benefiting at the cost of the workers. Any in-fighting and rivalry is…
What is the actual point of giving anyone $226m in pay? How would that motivate them to deliver any more..? Ratio of CEO:staff pay at 1000:1!
Why does Buffett get up and go to work in the morning?
Earlier quoted context omitted.
Well, you worked at a bank. Other than a few niche roles like algo trading, banks do not pay SWEs particularly well. Nor are they particularly well respected. You play second or third fiddle to the traders. SWEs at FAANG and other top tier tech companies are at a completely different level of compensation. I don’t think they’re underpaid.
I worked in Algo trading at a bank. Banks do not pay SWEs that work in algo trading well. I left finance to work in tech and got a 50% bump right off the bat. And I was well paid on my team- the h1s and kids out of school were not breaking 100k. I know the guy sitting in my old seat and 10 years later he is maybe getting that 50% more while I have 4xed. He works 50-60 hour weeks like I did as well and I rarely go pas…
In comparison, Nadella is a bit above $50M which is gross underpay considering how Ballmer left the company. Nadella has been the best CEO in the past decade. In fact, you could argue that he’s the best investment manager in the past decade since MSFT is now a giant technology conglomerate. Better than Berkshire.
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.
(Since we’re bringing up companies nobody else mentioned)
In comparison, Nadella is a bit above $50M which is gross underpay considering how Ballmer left the company. Nadella has been the best CEO in the past decade. In fact, you could argue that he’s the best investment manager in the past decade since MSFT is now a giant technology conglomerate. Better than Berkshire.
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.
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…
Earlier quoted context omitted.
But you have much lower education and time costs, no? >In all, it takes about eight to ten years to become a professional engineer, depending on whether you decide to get a master's degree. >Doctors must complete a four-year undergraduate program, along with four years in medical school and three to seven years in a residency program to learn the specialty they chose to pursue. In other words, it takes between 10 to…
Have you run into a lot of great software engineers that didn't spend at least that many hours working on their own projects? I don't think you could even pass an internship interview if all you did was go to class for 4 years. (Passing the classes is of course predicated on doing a lot of programming outside of class, if only to have some text files to turn in!) Most of the job training for this field comes from wit…
1) Premed - 4 year degree + easily 1-2k+ hours spent volunteering, doing research, gaining medical work experience, obtaining LOR, shadowing, MCAT prep etc. This isn't optional if you actually want any chance of being accepted. Fail to get in and you're working with a (typically) biochem bachelors as a lab tech for $12 an hour and no upward mobility outside of grad school.
2) Medical School - another 4 years of pretty much nonstop studying outside mandated classwork and clinicals. Multiple large exams that basically dictate your entire future and whether you'll be able to match (ie. actually work as a doctor ever) along the way. A few thousand fail to match each year and invested 8 years + 250k med school + 50-100k undergrad to go back to that lab tech career I mentioned at $12/hr. Keep in mind those student loans are non-dischargable through bankruptcy.
3) Residency - 3-7 years. Family Medicine is one of the least rigorous and shortest at 3 years and averages about 10k hours of on the job during that time making less than minimum wage. Surgery is more like 80+ hours/week for much longer with 28 hour shifts standard at the start (minimum, better hope you don't have to finish any work at the end). Oh and don't fuck up because you literally have lives in your hands and face multi-million dollar lawsuits if you mess up after being awake for 20 hours straight on the job.
At the end of all of this and if you matched the most competitive specialties and busted your ass you might be able to make as much as a senior level SV software dev. Or you might be a pediatrician making 150k/yr if that appeals to you more than being wrist deep in someones bowels all day every day, or getting a 3 AM call to come do neurosurgery, or an urgent heart cath. Not feeling it tonight? Well someone is going to literally die if you aren't there within the next 30m- sleep well.