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Google employees question execs over 'decline in morale' after blowout earnings (www.cnbc.com)

submitted 6 months ago by lautan@lemmy.ca to c/technology@lemmy.world

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At an all-hands meeting last week, Google executives responded to employee questions about declining morale even with financial performance improving.

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[–] ICastFist@programming.dev 81 points 6 months ago (2 children)

Google is using artificial intelligence to summarize employee comments and questions for the forum.

Well, isn't that a good start?

Anyway, the TLDR "answer" from CFO Porat is "We were spending too much", while Pichai's answer is "We hired too much people". Way to dodge the question, assholes.

Alphabet’s full-time headcount climbed to over 190,000 at the end of 2022, up almost 22% from a year earlier and 40% higher than at the close of 2020.

So they had around 135k employees in 2020. Why the fuck did you overhire, then? Just to lay off and show off to investors as someone who increased profits in the most asinine way?

Pichai then joked that leadership should hold a “Finance 101” Ted Talk for employees.

Yeah, nevermind me, Sundar Pichai, earning way more money year after year while you're all begging for raises, it's just finances, you guys!

[–] captainlezbian@lemmy.world 20 points 6 months ago

Ah yes, employees are only mad because they don’t understand the finances. Like, no, we’re disgruntled by layoffs no matter what. Layoffs trade morale and productivity for cash

[–] bitwaba@lemmy.world 15 points 6 months ago

Yeah. Let's let him teach a Finance 101 class.

I'd be interested in the lessons a guy that approved a 40% headcount increase then did layoffs and said "I take full responsibility" can teach anyone.

How's the saying go? Those that can, do. Those that can't, teach.. Go on professor. Schools us. The Investors are listening.