4 ms·
It's so funny to me hearing Sundar Pichai of all people advocating for scrappiness considering he is probably the most overpaid CEO in the world [1]. Now also c
by cletus 4y ago
It's so funny to me hearing Sundar Pichai of all people advocating for scrappiness considering he is probably the most overpaid CEO in the world [1]. Now also consider that Google's profits have never been higher [2]. The amount of net income per employee is eye-watering.
This is end-stage capitalism and the relentless search for profit growth that ultimately squeezes the workers who make that profit possible.
Years ago when I still worked at Google Patrick Pichette (then CFO before Ruth Porat) got up on stage at an annual meeting and announced that their scrappiness efforts had saved $40 million and that's a lot of money. Someone produced a meme saying "yes, that's the difference between your pay rise and mine". He did in fact get a pay rise that year of $40 million.
The employees are right. Even when I was still there there were clearly cuts in the food, cuts in the MKs, cuts in swag, cuts in entertainment budgets and so on.
[1]: https://qz.com/1979291/alphabets-sundar-pichai-is-the-most-overpaid-ceo-in-the-us/ https://qz.com/1979291/alphabets-sundar-pichai-is-the-most-o...
[2]: https://www.macrotrends.net/stocks/charts/GOOG/alphabet/revenue https://www.macrotrends.net/stocks/charts/GOOG/alphabet/reve...
- dekhn 4y agoPichette also virtue-signalled (scrappy-signalled) by insisting on taking public transportation in busy cities instead of private transport. Some folks thought this was great but I thought it was a waste of his time given his pay level and the lost work opportunities.