Thread regarding Alphabet Inc. (Google) layoffs

activist investor demands alphabet cut 20% not just 6%

https://fortune.com/2023/01/23/christopher-hohn-rishi-sunak-old-boss-tci-fund-management-letter-to-alphabet-sundar-pichai/amp/

himself has seen his own income surge over the past year.

The TCI Fund Management founder and director paid himself a dividend of almost $690 million last year; the equivalent of almost $1.9 million a day.

The payout is believed to be the highest annual amount ever paid to a single person in Britain. It is more than 15,000 times as high as the U.K.’s median salary of £33,280 ($40,585), and broke Hohn’s own record that was set when he paid himself $479 million last year.

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| 6631 views | | 5 replies (last January 24, 2023) | Reply
Post ID: @OP+1kQsWdXN

5 replies (most recent on top)

I am hearing 6% is just the beginning. It will be close to 20-25% before all is said and done.

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Post ID: @vcy+1kQsWdXN

Harvard professor Larry Summers mentioned more people "must" lose jobs to flight inflation a few weeks ago. More people with "high" income seems to be what he meant.
https://www.vice.com/en/article/qjkq4v/larry-summers-bravely-says-other-people-must-lose-more-jobs-to-fight-inflation

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Post ID: @dcs+1kQsWdXN

Swine will be swine.
They might lay about and even consume their own fece$, but it's the high life.
in their piggy eyes.

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Post ID: @bta+1kQsWdXN

Companies don't consult employees when they fire them they have no obligation. There is no job security anywhere and no lifetime employment until you retire, those days never really existed.

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Post ID: @ghg+1kQsWdXN

This info was Posted earlier https://www.thelayoff.com/t/1kPFEMZg

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Post ID: @hqu+1kQsWdXN

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