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VC Says Half of Google Staff Do 'No Real Work'
21–30 of 113 posts
Re: VC Says Half of Google Staff Do 'No Real Work'
#22"Rich asshole makes demeaning comments about situations they don't know" More at 11.
Seriously though, how out-of-touch do you have to be to think that entire organizations full of smart people are so incompetent as to have 100% bloat?
Could you lay off 50% of Google today and still have a functional, competitive product tomorrow? Yes.
Would you still have a functional, competitive product in 2 years? No.
Deep cuts will also signal to employees and competitors that blood is in the water. Any remaining loyalty would evaporate and MSFT, AAPL, AMZN, & META would all be eager to scoop up that talent to build competing products to Google Search & Ads and bolster their cloud & AI offerings.
Disclosure: Google employee
Re: VC Says Half of Google Staff Do 'No Real Work'
#23Well most VCs loose money ...
Re: VC Says Half of Google Staff Do 'No Real Work'
#24> "I don't think it's crazy to believe that half the white-collar staff at Google probably does no real work," he said. "The company has spent billions and billions of dollars per year on projects that go nowhere for over a decade, and all that money could have been returned to shareholders who have retirement accounts."
So, he doesn't really understand Google's dysfunction and is just guessing at the causes?
Re: VC Says Half of Google Staff Do 'No Real Work'
#25> "Another issue with all the 'BS' jobs in large corporations is that it takes profits away from shareholders who are most often the pensioners and retirement accounts of the rest of America," he said. "...they are also taking money away from the rest of the workforce's retirement programs." Oh no, think of the poor retired shareholders!
That's ... basically every old person and everyone with some savings.
Even if you don't own Google stock (or even any stock) directly, you likely have exposure to it because it's in the S&P 500, which is used as foundational financial product in many contexts.
Re: VC Says Half of Google Staff Do 'No Real Work'
#26[deleted]
Re: VC Says Half of Google Staff Do 'No Real Work'
#27> The company has spent billions and billions of dollars per year on projects that go nowhere for over a decade Isn’t Google pretty open that it doesn’t expect most of these to succeed? This statement has “shut down the R&D as it doesn’t make money” vibes.
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Re: VC Says Half of Google Staff Do 'No Real Work'
#28The ideological bullshit here is hilarious.
We have a VC here whining that a business with one of the most exceptional margins in modern capitalism is… not returning enough to shareholders?
And those pesky workers are to blame?
The buck here stops with management. If the people with power in your organisation are powerless to ship features, innovation and value… aren’t they the problem?
Get leadership that works. Hire a board that knows how to innovate.
95% of VC knob-ends do no real work. They spend other people’s money on other people’s businesses and help themselves to profits other people have generated.
Google probably is too big, but don’t blame Jane from Legal or Deepak from Accounts
Re: VC Says Half of Google Staff Do 'No Real Work'
#29Take a look in the mirror, guy
Re: VC Says Half of Google Staff Do 'No Real Work'
#30> "Another issue with all the 'BS' jobs in large corporations is that it takes profits away from shareholders who are most often the pensioners and retirement accounts of the rest of America," he said. "...they are also taking money away from the rest of the workforce's retirement programs." Oh no, think of the poor retired shareholders!
That's ... basically every old person and everyone with some savings. Even if you don't own Google stock (or even any stock) directly, you likely have exposure to it because it's in the S&P 500, which is used as foundational financial product in many contexts.
True, but it's weird how many times he mentions retirement in particular.