Google Executives Awarded 200% Stock Payouts Amid Layoffs and Turbulence

Posted: May 02, 2024

- Google executives received significant stock payouts despite layoffs and challenges - Alphabet announced payouts for President, CFO, and other top executives - Executives received $35 million in stock for their performance in 2023 - Each executive maintained a $1 million base salary with bonuses and stock units - Stock value varies based on Google's performance compared to S&P 100 - Layoffs and project cutbacks led to 6% reduction in Google's workforce - Despite internal challenges, Alphabet's stock price rose 55% over the past year - Google is committed to retaining key leaders and recognizing their efforts



Summarized top reddit comments: - Executives awarded 200% stock payouts amid layoffs - Controversy over leadership rewarding for layoffs - Concerns about ethics and morals of Google executives - Criticism of corporate America and its practices - Predictions of negative consequences for executives in the future



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