Google Cloud Caps Sales Commissions as Losses Mount — The Information

Google Cloud Caps Sales Commissions as Losses Mount — The Information

Last year, Google lost $5.6 billion on its cloud computing business—real money even for one of the most wildly profitable companies on the planet. Now it’s taking a new approach that could help it stem a bit of that flood of red ink.

Thomas Kurian, chief of Google’s cloud computing unit, recently reintroduced a cap on the commissions earned by Google Cloud salespeople who sell to large companies, according to a person with direct knowledge of the policy and two…


Source link

About search

Check Also

California bill advances that would make Google, Facebook pay news companies whose stories appear on their platforms – The Mercury News

You can't escape it now — Gemini is officially part of Gmail, Google Drive, Docs, Sheets, and Slides – TechRadar

[unable to retrieve full-text content]You can’t escape it now — Gemini is officially part of …

Leave a Reply

Your email address will not be published. Required fields are marked *