Twitter CEO Parag Agrawal (left) is at loggerheads with Elon Musk over the Tesla CEO’s proposed $44 billion takeover.Kevin Dietsch/Getty Images, Andrew Kelly/Reuters Twitter CFO Ned Segal warned employees Friday their bonuses could be half the maximum, per The NYT. Segal said the company’s bonus pool was at 50% of where it could be if financial targets were being hit, per The NYT. Twitter employees’ bonuses are tied to the company’s financial performance, which has declined of late. Twitter told… Source link
Read More »What is ‘quiet quitting’ and why are employees loving it?
Not up for joining the Great Resignation? Well, “quiet quitting” might be more your pace. What is inflation and what causes it? The approach to dealing with work has become popular on TikTok. However, TikTok users have a tendency to relabel pre-existing behaviors, cultural traditions and common knowledge as new trends. So you may have quietly quit before. Watch this living room that hasn’t been updated since the ’60s get a modern redesign: As The Independent‘s culture writer Clémence… Source link
Read More »Google employees petition bosses for abortion policy changes
A view of the main lobby of building BV200, during a tour of Google’s new Bay View Campus in Mountain View, California, U.S. May 16, 2022. REUTERS/Peter DaSilva/File Photo Register now for FREE unlimited access to Reuters.com Register OAKLAND, Calif., Aug 18 (Reuters) – Over 650 workers at Google owner Alphabet Inc (GOOGL.O) are demanding it offer abortion benefits to contractors, suspend donations to anti-abortion politicians and better protect users from abortion-related disinformation and… Source link
Read More »Layoffs at Google? Employees ‘warned’ to prepare for blood on the streets
Earlier this week, Microsoft laid off 200 employees from R&D projects, taking the toll to 1,800 since July. Now, another big tech company Google is reportedly warning its… Source link
Read More »‘There will be blood on streets,’ Google execs warn employees about layoffs
As Big Tech companies begin to lay off employees in the global economic downturn, Google executives have reportedly warned workers to either boost performance or prepare to leave as “there will be blood on the streets” if the next quarterly earnings are not good. In a company message viewed by Insider, Google Cloud sales leadership has threatened employees with… Source link
Read More »Google’s CEO Just Introduced the ‘Simplicity Sprint’ For All 170,000 Employees. What It Is, And Why It’s Amazing
Google recently announced the financial results for the quarter ended June 30, 2022. Sundar Pichai, CEO of Alphabet and Google, commented on the “solid performance” in the second quarter, with revenues of $69.7 billion, up 13% versus last year. While revenues show double-digit growth, they are down from last year’s 57%. Earnings per share (EPS) are also down, at $1.21 vs $1.28 expected. EBIT is showing a flattening due to a 21% expansion in headcount. This is where Pichai and the Google… Source link
Read More »California Public Employees Retirement System Has $11.52 Million Position in Yandex (NASDAQ:YNDX)
California Public Employees Retirement System lessened its stake in shares of Yandex (NASDAQ:YNDX – Get Rating) by 2.9% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 608,396 shares of the information services provider’s stock after selling 18,352 shares during the quarter. California Public Employees Retirement System owned about 0.17% of Yandex worth $11,523,000 as of its most recent SEC filing. Other… Source link
Read More »PGA responds to lawsuit filed by ‘Saudi Golf League employees’ in scathing memo
The PGA Tour fired back at a lawsuit filed by professional golfers who recently joined the rival LIV Golf tour, dubbing them “Saudi Golf League employees,” according to a memo obtained by Yahoo Finance. Phil Mickelson, Bryson DeChambeau, and nine other LIV golfers filed an antitrust complaint against the PGA Tour on Wednesday. Within hours, the PGA Tour responded in a scorching memo to members from Tour Commissioner Jay Monahan. “It’s an attempt to use the TOUR platform to promote… Source link
Read More »Oracle has started laying off more US employees this week, sources confirm
Oracle’s cofounder Larry Ellison.Justin Sullivan/Getty Images The database giant Oracle has started laying off some US employees, sources told Insider. It may cut thousands of jobs globally, according to news reports. Workers in Canada, India, and Europe may be next. The database giant Oracle began laying off more of its US workforce on Monday, employees have confirmed to Insider. The company may cut thousands of workers globally — including in the US, Canada, India, and Europe — to reduce… Source link
Read More »Meet the Google Dealmaker Advocating for Disabled Employees
Patrick Schilling is an advocate for disabled employees’ rights in the workplace. Four years into his career at Google, Schilling shared his experiences working in Big Tech. Insider asked how he overcame challenges in his youth to get where he is today. Growing up in the south German city of Tuttlingen, Patrick Schilling couldn’t use his local library. Born with… Source link
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