Tag Archives: Salaries

Google, Microsoft-backed VerSe Innovation cuts 5% of workforce, reduces salaries • TechCrunch

Google, Microsoft-backed VerSe Innovation cuts 5% of workforce, reduces salaries • TechCrunch

India’s VerSe Innovation — the $5 billion Indian startup behind news aggregator Dailyhunt, short-video platform Josh, and hyperlocal video app PublicVibe — has cut 150 employees, or 5% of its workforce of 3,000, TechCrunch has learned and confirmed. The Bengaluru-based startup informed impacted employees on Friday and separately held a town hall meeting on Monday where it announced pay cuts to its remaining staff, people familiar with the matter told… Source link

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What salaries Google, Amazon offer

What salaries Google, Amazon offer

New York City’s new pay transparency law went into effect on Nov. 1, which means that jobseekers — and anyone else who’s curious — can find out how much money some of the top companies in the world are offering their employees. Under the law, businesses hiring in New York City must publish “good faith” salary ranges that include minimum and maximum pay for all job postings, promotions and transfer opportunities. If a company doesn’t have their ranges listed and they’re reported, they’ll… Source link

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Crypto salaries are on the rise, but there are pros and cons

When bitcoin and ethereum rallied to records in November on news of wider adoption, politicians and athletes scrambled to ride the momentum by announcing they’d collect parts of their salary in crypto. Among them were New York City Mayor Eric Adams, who vowed after his election that he’d accept his first three paychecks in bitcoin, and wide receiver Odell Beckham Jr., who opted to take his entire NFL salary in the token after signing a new contract with the Los Angeles Rams. But the… Source link

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Google hikes top execs’ salaries to at least $1M after nixing worker raises for inflation

Alphabet-owned Google is planning to give hefty raises and stock awards to four of its top executives — just weeks after the tech giant informed employees they should not expect to receive inflation-based pay raises. The four executives — Google CFO Ruth Porat, senior vice president Prabhakar Raghavan, chief business officer Philipp Schindler and chief legal officer Kent Walker — will receive base salaries of $1 million in 2022, up from $650,000, according… Source link

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SaaS founder salaries, break-even neobanks, Google Search tips – TechCrunch

Usually, a teacher who grades students on a curve is boosting the efforts of those who didn’t perform well on the test. In the case of cloud companies, however, it’s the other way around. As of Q1 2021, startups in this sector have median Series A rounds around $8 million, reports PitchBook. With $100+ million Series D rounds becoming more common, company valuations are regularly boosted into the billions. Andy Stinnes, a general partner at Cloud Apps Capital Partners, says founders… Source link

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Some Google Cloud Salespeople Took Home Over $1 Million Salaries. That May Come To An End.

Thomas Kurian, chief executive officer of cloud services at Google LLC, speaks during the Google … [+] Cloud Next ’19 event in San Francisco, California, U.S., on Tuesday, April 9, 2019. The conference brings together industry experts to discuss the future of cloud computing. Photographer: Michael Short/Bloomberg © 2019 Bloomberg Finance LP One of Thomas Kurian’s first moves as Google Cloud’s CEO when he joined the company in 2019 was lifting a cap put in place on sales… Source link

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Which Pays Its Software Engineers Higher Salaries?

When the U.S. government launched its recent anti-trust investigation into Google, it surfaced an interesting deal between the search-engine giant and Apple: In exchange for billions of dollars per year, Apple makes Google the default search engine on the iPhone and other iOS devices. (To be fair, the tech community has known about that deal for years, just not its exact size.) That deal highlighted the peculiar relationship between the companies. Although they compete on a… Source link

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