Google cuts jobs at cloud-computing group

Re:Google cuts jobs at cloud-computing group by kortilla on Friday February 14, 2020 @10:31PM (#22333016)

Given the market’s performance over the last 4 years, it’s most certainly cheaper to fire people who aren’t actively involved in any projects so Google gets the unvested stock back and then hire fresh at current stock price.

Someone who was hired 2 years ago with 500k of stock vesting over 4 years could have enough unvested stock leftover to fund two employees RSU grants...

Hiring google employees is still cheaper than keeping the senior ones.

[ Parent | on HN ]

Re:Google cuts jobs at cloud-computing group by thebean11 on Sunday February 16, 2020 @05:35PM (#22344170)

I don't work for Google, but I think you're making bold assumptions about how much a year or two of domain knowledge is worth to Google compared to a couple hundred k of stock.

If these employees are transitioning to wildly different roles within the company maybe the math changes a bit, but I'm not sure how much.

Edit: not to mention the trust erosion aspect. If I see people getting laid off cause their stock has appreciated, am I going to stay? Basically means stock appreciation is capped. People wouldn't take kindly to that.

[ Parent | on HN ]

Re:Google cuts jobs at cloud-computing group by kortilla on Sunday February 16, 2020 @06:28PM (#22344384)

> don't work for Google, but I think you're making bold assumptions about how much a year or two of domain knowledge is worth to Google compared to a couple hundred k of stock.

I did. Google is so large the vast majority of engineers contain domain knowledge that is mainly just useful to their group. And if their group is undergoing layoffs, their domain knowledge isn’t too useful.

About the only useful things that a long-time googler will know when joining a new group over a noogler is the test infra and code review process.

[ Parent | on HN ]