_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 do i need to hire employees for simplified com 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
_dyche-on-achievements-this-year-and-not-needing-manager-of-the-year.webp "Everton boss Sean Dyche on his achievements this year and not needing manager of the year to show that ahead of their Premier League clash with Sheffield United<br/>Finch Farm, Liverpool, UK")
_how-do-i-pay-my-employees-how-do-i-hire-employees-4-things-you-need-to-do-first.webp "Business Finance Coach")
⏲ 3 minutes 45 seconds 👁 18.8K
_how-to-hire-independent-contractors.webp "HR Party of One")
_10-more-incredible-star-trek-concept-designs-you-need-to-see.webp "10 More incredible Star Trek concept designs you need to see")
_do-police-attacks-make-you-feel-officers-need-greater-powers-to-be-tougher-on-the-streets.webp "It comes as only last summer, Suella Braverman encouraged police to 'ramp up their use of stop and search' in a bid to prevent knife attacks and \")
⏲ 1:5 👁 850K
_nembhard-stepped-up-when-pacers-needed-him-most-haliburton.webp "Tyrese Haliburton said he was aware of the double team as he set up Andrew Nembhard for crucial three-pointer.")
_we-need-to-put-our-money-where-our-mouth-is-jill-tokuda-presses-austin-on-defense-infrastructure.webp "During a House Armed Services Committee hearing on Tuesday, Rep. Jill Tokuda (D-HI) questioned Defense Sec. Lloyd Austin about infrastructure investments and Israel’s use of weapons in Gaza.<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com")
⏲ 5:6 👁 1.7M
_everton-summer-transfer-latest-a-clear-out-needed-and-can-they-keep-hold-of-star-asset-jarrad-branthwaite.webp "Everton have endured an indifferent season this time around, but their future after remaining in the Premier League certainly looks on the rise as they are looking ahead to a big transfer window, this summer, it looks like a clear out could be on the horizon, at Goodison park.")
⏲ 3:0 👁 21.3M
_dyche-on-achievements-this-year-and-not-needing-manager-of-the-year.jpg)
_how-do-i-pay-my-employees-how-do-i-hire-employees-4-things-you-need-to-do-first.jpg)
_how-to-hire-independent-contractors.jpg)
_10-more-incredible-star-trek-concept-designs-you-need-to-see.jpg)
_do-police-attacks-make-you-feel-officers-need-greater-powers-to-be-tougher-on-the-streets.jpg)
_nembhard-stepped-up-when-pacers-needed-him-most-haliburton.jpg)
_we-need-to-put-our-money-where-our-mouth-is-jill-tokuda-presses-austin-on-defense-infrastructure.jpg)
_everton-summer-transfer-latest-a-clear-out-needed-and-can-they-keep-hold-of-star-asset-jarrad-branthwaite.jpg)
![[+]](/images/menu.gif){kind=small}