_google39s-rapid-growth-raises-questions-on-employee-compensation-at-all-hands-meeting.jpg "Google's Rapid Growth Raises Questions on Employee Compensation at All-Hands Meeting from anime girl breast giantess growth inflation Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:40
👁 View: 250K times
✓ Published: 10-May-2024
👁 View: 250K times
✓ Published: 10-May-2024
Description:
Google employees questioned leadership about cost cuts, layoffs, and declining morale at an all-hands meeting after Q1 earnings beat estimates. CEO Sundar Pichai said most layoffs will be completed in the first half of 2024, with a much smaller scale in the second half. CFO Ruth Porat said expenses grew faster than revenue, which isn't sustainable, and the focus is investing in growth areas. Porat defended share buybacks and dividends, saying cash can't just be drained and the board has fiduciary duties.
Google employees questioned leadership about cost cuts, layoffs, and declining morale at an all-hands meeting after Q1 earnings beat estimates. CEO Sundar Pichai said most layoffs will be completed in the first half of 2024, with a much smaller scale in the second half. CFO Ruth Porat said expenses grew faster than revenue, which isn't sustainable, and the focus is investing in growth areas. Porat defended share buybacks and dividends, saying cash can't just be drained and the board has fiduciary duties.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_citi-economist-predicts-39hard-landing39-for-u-s-economy-expects-four-rate-cuts.webp "Citi's chief U.S. economist Andrew Hollenhorst predicts a \")
_china39s-domestic-tourism-surges-by-28-during-may-day-holiday.webp "China saw a 28% increase in domestic tourism during the 5-day May Day holiday period compared to 2019. However, total tourism revenue was up only 13.% compared to 2019 due to travelers spending less per trip, with average spending down 6%. Weakening economic growth, job prospects, and the real estate downturn have made Chinese consumers more cautious in their spending. Retail sales growth slowed to just over 3% in March while consumer price inflation was a mild 0.1%, reflecting soft consumer demand.")
_global-gasoline-demand-growth-to-halve-in-2024-amid-rising-ev-demand-in-china-us.webp "The global gasoline demand growth is projected to halve by 2024 due to the surge in electric vehicles (EVs) in China and the United States. This shift is anticipated to put a squeeze on second-half refinery margins.")
_18-bastarda-2022-greek-movie.webp "18+ Bastarda 2022 Greek Movie")
_goldman-sachs-bullish-on-nvidia-stock-forecasts-22-surge.webp "Goldman Sachs predicts Nvidia stock will surge another 22% as it believes it is still undervalued compared to its peers. Despite nearly doubling this year, Nvidia's valuation is still relatively cheap, given its fast growth rate. Goldman was encouraged by comments from major tech companies that they will increase spending on AI infrastructure in 2025 following elevated investment in 2024. Goldman raised its price target for Nvidia stock to $1100, representing 22% upside from current levels.")
_global-brewers-set-to-rebound-with-higher-beer-sales-volumes-this-summer-with-major-sports-events.webp "Global brewers are expected to see higher beer sales volumes this year after several quarters of declines, supported by factors like sports events and moderating inflation. Heineken and Carlsberg have already reported first quarter volume growth after over a year of declines, signaling a turnaround. AB InBev's sales have been hit by a boycott but this impact is easing, and analysts expect a return to volume growth in the second quarter. Major sports events like the Olympics and Euro Cup will drive beer sales, as will more normal weather patterns than last year.")
⏲ 0:35 👁 360K
_something-in-the-water-2024-english-movie.webp "Something in the Water 2024 English Movie")
_palantir-stock-plummets-15-as-first-quarter-earnings-disappoint-investors.webp "Palantir's stock has risen significantly in the past year, but its first-quarter earnings did not meet investors' expectations, causing a 15% drop in stock price. However, analyst Daniel Ives sees this as a good opportunity to invest in Palantir's AI platform, which is performing well. With a growing client base and shorter sales cycles, Palantir is expected to continue its growth trajectory. Ives has given the company an Outperform rating and a $35 price target, while other colleagues have a more cautious outlook.")
_citi-economist-predicts-39hard-landing39-for-u-s-economy-expects-four-rate-cuts.jpg)
_china39s-domestic-tourism-surges-by-28-during-may-day-holiday.jpg)
_global-gasoline-demand-growth-to-halve-in-2024-amid-rising-ev-demand-in-china-us.jpg)
_18-bastarda-2022-greek-movie.jpg)
_goldman-sachs-bullish-on-nvidia-stock-forecasts-22-surge.jpg)
_global-brewers-set-to-rebound-with-higher-beer-sales-volumes-this-summer-with-major-sports-events.jpg)
_something-in-the-water-2024-english-movie.jpg)
_palantir-stock-plummets-15-as-first-quarter-earnings-disappoint-investors.jpg)
![[+]](/images/menu.gif){kind=small}