Tag Archives: pay

Google cut worker pay in North Carolina. Now employees are protesting

Stock equity grants, which typically make up a significant portion of tech workers’ total compensation, are also being reduced starting last month. For some employees, that means their stock grants could be 25 percent lower than if they worked at other Google offices, like in Atlanta, the workers said in the letter. Story continues below advertisement The employees say they want the salary cut reversed, and a commitment from their bosses to be more transparent about how regional salary… Source link

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Facebook parent Meta’s bet on the metaverse may never pay off

This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, February 9, 2022 Facebook parent Meta is making a risky bet on the metaverse The hits keep coming for Facebook parent company Meta (FB). After a devastating earnings report last week, the company’s stock price has fallen off a cliff. On Tuesday the precipitous drop pushed Meta’s… Source link

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Will buying the dip pay off? Here’s what history shows

“Buy the dip” has been a headline-making phrase lately. Whether from professional strategists, or in the form of a meme on Twitter, the mantra has inspired an entire generation of investors to go bargain hunting for stocks in the face of a market pullback. Moreover, price action since the onset of the pandemic has generally favored that strategy: every drawdown since the beginning of 2020 has been followed by a comeback to a new high. But after a dismal start to the year for equities, and… Source link

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Google, Facebook may be forced to pay British newspapers for their stories

Tech giants such as Google and Facebook will be required to pay newspapers and other media outlets for using their stories, under new laws being drawn up by the UK Government, Daily Mail reported. Under the plans, which are modelled on a system that has been introduced in Australia, the platforms will be encouraged to negotiate payment deals with news organisations. If the negotiations fail, an independent arbitrator would set a… Source link

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Google will make free ‘legacy’ G Suite accounts pay for its office apps starting in July

If you’re part of a business or school that is a G Suite legacy free edition user, your organization will soon have to sign up for a paid subscription to continue using Google Workspace (via 9to5Google). Google will automatically upgrade free plans to a Google Workspace subscription “based on the features you currently use” if your organization doesn’t sign up for a paid plan by May 1st. The free edition was initially available in Google’s first iteration of Workspace, called… Source link

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Google will pay top execs $1 million each after declining to boost workers’ pay

Google is giving four of its top execs a significant pay bump, raising their salaries from $650,000 to $1 million, just weeks after the company told staffers it wouldn’t automatically adjust salaries to account for inflation. The new executive salaries were disclosed in an SEC filing. The executives receiving the $1 million base salaries are chief financial officer Ruth Porat, senior vice president Prabhakar Raghavan (who is in charge of Google search); senior vice president and chief… Source link

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Pelosi’s husband bought Google, Disney call options that would pay off if bull market continues

U.S. House Speaker Nancy Pelosi’s husband may be be positioning himself to profit from the ongoing rise in the share prices of some of America’s biggest companies. Paul Pelosi, the California Democrat’s spouse, bought call options that give him the right, but not the obligation, to purchase shares in Google parent Alphabet, Inc. GOOG, -0.04%, memory-chip company Micron Technology Inc. MU, -2.01%, Salesforce.com… Source link

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Jaguars reportedly don't want to pay the rest of Urban Meyer's contract after firing him for cause – Yahoo Sports

The Jacksonville Jaguars have no intention of paying Urban Meyer another dime. The team reportedly fired Meyer for cause, suggesting they don’t want to pay out the rest of Meyer’s contract, according to Adam Schefter and Jeff Darlington of ESPN. The Jaguars fired Meyer on Wednesday after just 13 games. Meyer’s tenure with the franchise was mired by various embarrassing gaffes, the last of which involved allegations Meyer kicked his kicker. There wasn’t one specific instance that led to the… Source link

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Google employees to lose pay if don’t comply with vaccination policy

Sundar Pichai, chief executive officer of Alphabet Inc., gestures while speaking during a discussion on artificial intelligence at the Bruegel European economic think tank in Brussels, Belgium, on Monday, Jan. 20, 2020. Pichai urged the U.S. and European Union to coordinate regulatory approaches on artificial intelligence, calling their alignment critical. Geert Vanden Wijngaert | Bloomberg | Getty Images Google has told its employees that they will lose pay — and will eventually be fired… Source link

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