Google just laid off 12,000 people. My sympathies are with all those affected, both directly and indirectly. The negative impact on people's lives and careers can't be overstated.
Google's motto used to be: don't be evil. Apparently that has been streamlined to just two words now. Laying off pregnant women, people with health conditions, older workers, etc is pretty evil. Laying off people after insisting they return to one of the most expensive real estate markets in the world is pretty evil. Laying off people without so much as a face to face conversation is pretty evil.
But the crowning glory is not laying off the worst performer at the company. Pichai is paid handsomely to manage the business. By his own admission, he allowed headcount to balloon. By his own admission, he failed to do basic forecasting just a year or two into the future. By his own admission, he is fully responsible for the economic and human costs of these layoffs.
What was he doing? Was he even present in a meaningful way, these past several years?
In Google terms, that's a solid NI (needs improvement) performance rating. Shareholders, including myself, need to start asking hard questions about why our employees are being treated this way, and why our money is being wasted this way. And why this clown still has a job.