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This is definitely the case. I was just talking with a Googler after the Microsoft layoffs about how Google is (now was) one of the last big tech companies avoi
by LordDragonfang 4y ago
This is definitely the case. I was just talking with a Googler after the Microsoft layoffs about how Google is (now was) one of the last big tech companies avoiding layoffs, and Pichai was fighting investors like hell to keep it that way. He supposedly literally told them "these are real people" out of frustration at some point.
It's hard to look at that incredibly generous layoff package an not see it as a "fuck you" to investors telling him to slim down, after forcing his hand.
- abdabab 4y agoWho are these investors that he’s fighting?
- avrionov 4y agohttps://www.reuters.com/technology/hedge-fund-tci-says-alphabet-cost-base-too-high-2022-11-15/ https://www.reuters.com/technology/hedge-fund-tci-says-alpha...
- phendrenad2 4y agoSays that they have a $6 billion stake. Google's market cap is 211x that. If I owned 0.47% of a startup company, would they even take my phone call to listen to my "opinion" on any matter? Something doesn't add up here. Or perhaps this theory is correct, a company that owns 0.47% of Google gets to call the shots. Really makes you think twice about taking investment money.
- asda_ 4y ago[dead]