News for hackers. Stuff that matters.

A comment on Google Announces 12K Layoffs: A difficult decision to set us up for the future. Parent comment

Re:Google Announces 12K Layoffs: A difficult decision to set... by nova22033 on Friday January 20, 2023 @09:08AM (#34453313)
https://www.investopedia.com/articles/markets/011516/top-5-g...

The top individual insider shareholders of Google are Larry Page, Sergey Brin, and Sundar Pichai

[ Parent | on HN ]
Re:Google Announces 12K Layoffs: A difficult decision to set... by Aunche on Friday January 20, 2023 @09:18AM (#34453443)
That's my point. Larry and Sergey own 3% of Google each, but have long retired from making any decisions at Google. Sundar only owns .01% of Google and gets compensated in bonuses, so tunes his strategy on maximizing his bonus.
[ Parent | on HN ]