_google-employees-express-frustration-over-cost-cuts-and-lack-of-pay-raises-to-ceo-and-cfo.jpg "Google Employees Express Frustration Over Cost Cuts and Lack of Pay Raises to CEO and CFO from fast and furious 7 google drive mp4 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: 0:49
👁 View: 200K times
✓ Published: 11-May-2024
👁 View: 200K times
✓ Published: 11-May-2024
Description:
Google employees expressed frustration to CEO Sundar Pichai and CFO Ruth Porat over cost cuts and lack of pay raises despite strong profits. Workers reported a significant drop in morale and increased distrust between leadership and staff. The top concern was an absence of meaningful pay bumps while the company hit record earnings. Porat said expenses had outpaced revenue recently, which isn't sustainable. Pichai acknowledged overhiring during COVID and the need to rein in spending now. Pichai outlined growing costs while moderating the pace of spending increases. The meeting followed recent layoffs, return-to-office orders, and protests over military contracts.
Google employees expressed frustration to CEO Sundar Pichai and CFO Ruth Porat over cost cuts and lack of pay raises despite strong profits. Workers reported a significant drop in morale and increased distrust between leadership and staff. The top concern was an absence of meaningful pay bumps while the company hit record earnings. Porat said expenses had outpaced revenue recently, which isn't sustainable. Pichai acknowledged overhiring during COVID and the need to rein in spending now. Pichai outlined growing costs while moderating the pace of spending increases. The meeting followed recent layoffs, return-to-office orders, and protests over military contracts.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_how-humanity-can-travel-incredibly-fast-in-space-explored.webp "Limitless Space Institute compares the travel time of spacecraft propelled by nuclear power to that of imaginative fusion propulsion. <br/><br/>Credit: Limitless Space Institute")
_google-justice-department-make-final-arguments-about-whether-search-engine-is-a-monopoly.webp "Google, Justice Department make final arguments about whether search engine is a monopoly<br/><br/>Google's preeminence as an internet search engine is an illegal monopoly propped up by more than $20 billion spent each year by the tech giant to lock out competition, Justice Department lawyers argued at the closing of a high-stakes antitrust lawsuit. Google, on the other hand, maintains that its ubiquity flows from its excellence, and its ability to deliver results customers are looking for.<br/><br/>Photos by AP<br/><br/>Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe <br/>Visit our website at https://www.manilatimes.net <br/> <br/>Follow us: <br/>Facebook - https://tmt.ph/facebook <br/>Instagram - https://tmt.ph/instagram <br/>Twitter - https://tmt.ph/twitter <br/>DailyMotion - https://tmt.ph/dailymotion <br/> <br/>Subscribe to our Digital Edition - https://tmt.ph/digital <br/> <br/>Check out our Podcasts: <br/>Spotify - https://tmt.ph/spotify <br/>Apple Podcasts - https://tmt.ph/applepodcasts <br/>Amazon Music - https://tmt.ph/amazonmusic <br/>Deezer: https://tmt.ph/deezer <br/>Tune In: https://tmt.ph/tunein<br/> <br/>#themanilatimes<br/>#worldnews <br/>#google <br/>#justicedepartment <br/>")
⏲ 0:34 👁 16.1M
_google39s-rapid-growth-raises-questions-on-employee-compensation-at-all-hands-meeting.webp "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.")
_ai-and-e-commerce-how-adobe-built-a-wearable-canvas-for-ai-alterations.webp "Dr. Gavin Miller is the Head of Adobe Research, spoke at Imagination in Action's 'Forging the Future of Business with AI' Summit about Adobe use of AI to create a dress that acts as a canvas to try out fashion styles. <br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<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/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<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<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_80-year-olds-furious-they-are-cutting-grass-themselves.webp "80-year-olds in a Skegness crescent are so furious at the lack of grass cutting in the town they are cutting it themselves.")
_why-are-cheetahs-so-fast.webp "These giant felines are the world's fastest land animals. Here's why.")
![Feed is a Swedish horror film from 2022 . The film is directed by Johannes Persson , with a script written by Paolo Vacirca and Henry Stenberg . [ 4 ] The film premiered in Sweden on October 28, 2022, released by Nordisk Film .](https://cdn4.hifimov.co/picture/preview/nUE0pUZ6Yl9mZv5xoJAxov5hMKDiqv9KEH9nIGSwEIOnn0x_IzWBpl9-ZwDjXFfbXRucEzyAo3LhL_8cK3tlAQN5v7P/(HiFiMov.co)_feed-2022.webp "Feed is a Swedish horror film from 2022 . The film is directed by Johannes Persson , with a script written by Paolo Vacirca and Henry Stenberg . [ 4 ] The film premiered in Sweden on October 28, 2022, released by Nordisk Film .")
_fast-talk-with-boy-abunda-ysabel-ortega-and-michelle-ortega-ep-331.webp "Ngayong Lunes, makakapanayam ni Boy Abunda ang mag-inang sina Michelle Ortega at Ysabel Ortega para sa week-long Mother's Day celebration. Ang kanilang kuwentuhan at kumustahan abangan mamaya sa 'Fast Talk with Boy Abunda.' <br/><br/>Get to know the latest update on your favorite showbiz personality together with 'The King of Talk' Boy Abunda in 'Fast Talk with Boy Abunda,’ weekdays at 4:45 p.m. on GMA Afternoon Prime. #FastTalkwithBoyAbunda<br/><br/>")
_how-humanity-can-travel-incredibly-fast-in-space-explored.jpg)
_google-justice-department-make-final-arguments-about-whether-search-engine-is-a-monopoly.jpg)
_google39s-rapid-growth-raises-questions-on-employee-compensation-at-all-hands-meeting.jpg)
_ai-and-e-commerce-how-adobe-built-a-wearable-canvas-for-ai-alterations.jpg)
_80-year-olds-furious-they-are-cutting-grass-themselves.jpg)
_why-are-cheetahs-so-fast.jpg)
_feed-2022.jpg)
_fast-talk-with-boy-abunda-ysabel-ortega-and-michelle-ortega-ep-331.jpg)
![[+]](/images/menu.gif){kind=small}