quarta-feira, 25 de janeiro de 2023

Avebarna Herald: Profit over people


The Washington Post 20-01-2023
https://www.washingtonpost.com/business/2023/01/20/google-layoffs-jobs-announcement/
(..) In an email posted on the tech giant’s blog Friday, Sundar Pichai, the company’s chief executive, informed staff that it was cutting 12,000 jobs. (..) Pichai is among the highest-paid executives in corporate America. In December, the company’s board approved new stock grants for him worth $210 million that will vest over the next three years. The ultimate value of Pichai’s compensation will change depending on how well the company’s stock performs. Google’s stock jumped 4 percent on the news, as investors saw it as a sign the company was willing to fire people to preserve profit margins. (..)


2023-01-24