_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 ccj application costs 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: 1.2M times
✓ Published: 11-May-2024
👁 View: 1.2M 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
_people-of-glasgow-share-their-experience-with-keeping-pets-during-a-cost-of-living-crisis.webp "We take to Glasgow’s George Square to ask people how they are affording their pets during rising living costs.")
⏲ 1:0 👁 1.2M
_small-well-built-chinese-ev-threatens-us-auto-industry.webp "Small, well-built Chinese EV threatens US auto industry<br/><br/>A tiny, low-priced electric car called the Seagull has American automakers and politicians trembling. The car, launched last year by Chinese automaker BYD, sells for around $12,000 in China, but drives well and is put together with craftsmanship that rivals US electric vehicles that cost three times as much. A shorter-range version costs under $10,000. <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/>#evehicles")
_max-space-expandable-habitats-technology.webp "Max Space expandable habitat technology could reduce costs and maximize space...in space. <br/><br/>Credit: Max Space")
_wa-government-looks-to-diversity-economy-in-sixth-consecutive-budget-surplus.webp "The government had to deliver cost of living relief to WA households in this state budget. And there are measures in there to ease the pressure- a lot of it having already been announced- like cash for parents to help cover school costs. But there were a couple of extra sweeteners in there too.")
_mcdonald39s-introduces-365-meal-promotion-to-tempt-cost-conscious-customer.webp "McDonald's plans to launch a limited-time $5 meal promotion starting on June 25th that will last around a month. The promotion aims to win back customers who have cut back on fast food visits due to recent price hikes across many chain's menus. McDonald's sales growth has slowed as inflation has increased costs of food and labor. McDonald's CEO said keeping prices affordable is a priority to get customers back as they carefully watch every dollar spent.")
_reasons-why-a-pension-lump-sum-is-better-than-an-annuity-payment.webp "Lump sum or annuity payments? Single-life benefits or joint-and-survivor benefits? Once you explore the risks and hidden costs, the right pension answer for you could come down to control.")
_this-company-wants-you-to-rent-your-credit-history.webp "When a woman who once bore the title “Financial Applications Product Owner II” at an insurance company, starts a TikTok with “this is the sketchiest thing I’m doing to make extra money,” you might think she’s playing it up for drama. But Amber Smith, a 27-year-old from Des Moines, Iowa with an MBA, is dead serious. She’s swapped insurance for the influencer business (focusing her content on reselling clothes), and she’s been picking up $40 here and there with a scheme that sounds pretty shady.<br/><br/>“I’ve started selling tradelines on my credit cards,” Smith says in the video that has since garnered millions of views across the social mediasphere. “Essentially what this is, is if a person has bad credit, but they know that they need to get a mortgage or a car loan or something, they pay money to this website,” she says, referring to Tradeline Supply Company, a San Diego based broker. “This website matches them up with me based on what they’re looking for and I add them as an authorized user to my credit card.”<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/brandonkochkodin/2024/05/07/this-company-wants-you-to-rent-your-credit-history/?sh=58ff759f20e5<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.")
_we-make-machine-learning-human-how-groq-is-building-a-faster-ai-interface.webp "Groq builds an AI accelerator application-specific integrated circuit (ASIC) that they call the Language Processing Unit (LPU) and related hardware to accelerate the inference performance of AI workloads.<br/><br/>At Imagination In Action’s ‘Forging the Future of Business with AI’ Summit, Groq’s Chief Technology Advisor Dinesh Maheshwari talks about how this technology works and why it’s important for the future of AI.<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.")
_people-of-glasgow-share-their-experience-with-keeping-pets-during-a-cost-of-living-crisis.jpg)
_small-well-built-chinese-ev-threatens-us-auto-industry.jpg)
_max-space-expandable-habitats-technology.jpg)
_wa-government-looks-to-diversity-economy-in-sixth-consecutive-budget-surplus.jpg)
_mcdonald39s-introduces-365-meal-promotion-to-tempt-cost-conscious-customer.jpg)
_reasons-why-a-pension-lump-sum-is-better-than-an-annuity-payment.jpg)
_this-company-wants-you-to-rent-your-credit-history.jpg)
_we-make-machine-learning-human-how-groq-is-building-a-faster-ai-interface.jpg)
![[+]](/images/menu.gif){kind=small}