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

#1

Post by eysquared » Thu, May 04, 2023, 8:54 PM UTC

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

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

#2

Post by browningstreet » Thu, May 04, 2023, 9:52 PM UTC

And a bunch of us were making fun of him recently in the 60 Minutes / AI thread... (me included)

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

#3

Post by amir734jj » Thu, May 04, 2023, 9:53 PM UTC

Is $225M a lot for CEO of big corporation? I genuinely don't know. What is the average pay?

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

#4

Post by pcurve » Thu, May 04, 2023, 9:54 PM UTC

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

#5

Post by zoiksmeboiks » Thu, May 04, 2023, 9:54 PM UTC

Amazing how much failing to keep up with competitors, evolve core business will get you.

How much of Google’s valuation is Sundar, how much is inflation of asset values to keep asset owners ahead of everyone else, how much is a decade of cheap money?

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

#6

Post by epolanski » Thu, May 04, 2023, 9:54 PM UTC

amir734jj wrote: post #3

Is $225M a lot for CEO of big corporation? I genuinely don't know. What is the average pay?

It's a lot obviously.

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

#7

Post by jimsimmons » Thu, May 04, 2023, 9:55 PM UTC

Hating capitalism is one thing. Being clueless how it works is childish.

200M over 3 years for the CEO of the most consequential tech company on the planet is peanuts. Pop artists make similar money scantily clad and squeezing autotune

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

#8

Post by 542458 » Thu, May 04, 2023, 9:55 PM UTC

amir734jj wrote: post #3

Is $225M a lot for CEO of big corporation? I genuinely don't know. What is the average pay?

AP says average for large orgs is about 12 million.

https://apnews.com/article/virus-outbreak-financial-markets-...

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

#9

Post by LesZedCB » Thu, May 04, 2023, 9:56 PM UTC

amir734jj wrote: post #3

Is $225M a lot for CEO of big corporation? I genuinely don't know. What is the average pay?

Tim Apple - 99M [1]

Satya Nadella - 54M [2]

[1] https://www1.salary.com/Tim-Cook-Salary-Bonus-Stock-Options-...

[2] https://www1.salary.com/Satya-Nadella-Salary-Bonus-Stock-Opt...

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

#10

Post by airstrike » Thu, May 04, 2023, 9:56 PM UTC

jimsimmons wrote: post #7

Hating capitalism is one thing. Being clueless how it works is childish. 200M over 3 years for the CEO of the most consequential tech company on the planet is peanuts. Pop artists make similar money scantily clad and squeezing autotune

That's whataboutism. Googlers are comparing their pay (and layoffs) to the CEO's comp--pop artists are an entirely separate matter and Googlers may also feel those are paid too much

Said differently: I'm not saying they're right or wrong, just pointing out that they can also be upset over pop artists' pay