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☆ Insider Today: Analyzing Google salaries
  + stars: | 2023-09-08 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +9 min
In today's big story, we're taking a deeper look at the leaked Google salary data by looking at pay ranges across various factors. The sheet detailed 2022 base salaries, equity, and bonuses from over 12,000 Google employees in the US. Google employees who identified as being of Black/African descent had a median base salary at least $23,000 below their Asian, White, and Middle Eastern/North African colleagues. The gap didn't improve among software engineers, as those of Black/African descent had a median base salary $24,500 lower than those of white or European descent. Google employees who identified as being of Black/African descent had a median base salary at least $23,000 below their Asian, White, and Middle Eastern/North African colleagues.
Persons: We've, Tayfun, Rosalie Chan, Hugh Langley, Madison Hoff, Rosalie, Hugh, Madison, Shaw, Ned Davis, Ryan Salame, Salame, Sam Bankman, Tim Cook, Stephen Lam, Sam Altman, Investor Ford Smith, biohacking, Melissa Phillippi, missteps, Goldman Sachs, Sasha Kelemen, Olivia Rodrigo's, Ralph Lauren, —, Joe Jonas, she'd, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Anadolu Agency, Getty, Google, Google's New, Citadel, Ned Davis Research, Wall, Zen, Apple, Reuters Apple, European Commission, Investor, Leerink Partners, York, Kroger Locations: Wall, Silicon, Madison, Google's New York, Bay, Brooklyn, Manhattan , New York City, USA, China, New York City, San Diego, London, New York
☆ The highest-earning Googlers are so well paid it would take decades for ordinary people to catch up — but some of them say they should earn more
  + stars: | 2023-07-21 | by ( Sirena Bergman | ) www.businessinsider.com   time to read: +3 min
A spreadsheet showing what thousands of Google employees make has come to light for all to see. Yet many Google employees think they're underpaid. Someone working in cloud sales for example could have a base salary of $50,000, although that ranges up to $302,000. A job in technical operations starts at $47,000, while the minimum base salary for an admin assistant is $67,509. The highest-paid software engineers can make up to $718,000 a year in base salary.
Persons: Insider's Rosalie Chan, Madison Hoff, Hugh Langley Organizations: Google, Morning, DR, of Labor Statistics
☆ Tech giants aren't just cutting thousands of jobs — they're making them extinct
  + stars: | 2023-04-27 | by ( Matt Turner | ) www.businessinsider.com   time to read: +5 min
That has far-reaching implications for tech workers and those seeking to work in the industry. By some estimates, more than 250,000 tech workers have been laid off since the start of 2022. Site-reliability engineers manage the operations of Google's systems and keep them running, while software engineers work on developing Google's infrastructure and products. This trend has significant implications for tech workers and those hoping to work in the industry. As Insider's Ito has reported, tech workers and software engineers have often been thought of as impervious to the march of automation.
☆ Some laid-off staff at Google's Irish office could be given severance packages worth $320,000, report says
  + stars: | 2023-03-28 | by ( Sawdah Bhaimiya | ) www.businessinsider.com   time to read: +3 min
Google could offer severance packages worth $320,000 to some workers being laid off in Ireland. That's according to the Sunday Times, which says employees are being offered six weeks severance per year worked. The tech giant is laying off 240 employees in Ireland across sales, tech, and support services. Those being laid off are being offered severance packages that constitute six weeks of wages for every year worked at the firm, per the newspaper. Staff who are part of the redundancies will be put on paid leave for 90 days, the Sunday Times reported.
☆ A laid-off Google employee said she felt 'betrayed' and 'reduced to a dollar sign' when the tech giant cut her job
  + stars: | 2023-01-24 | by ( Sawdah Bhaimiya | ) www.businessinsider.com   time to read: +3 min
An ex-Googler said she felt "betrayed" and "reduced to a dollar sign" after being laid off. In a LinkedIn post, she said she was "disappointed" with how the tech giant executed the layoffs. Google announced 12,000 layoffs Friday, with staff across all facets of the company impacted. Sign up for our newsletter for the latest tech news and scoops — delivered daily to your inbox. Philipp Schindler, Google's chief business officer responded: "If you interpret psychological safety as removing all uncertainty, we can't do this."
☆ Adobe's $20 billion deal to buy Figma is one of the biggest ever for a venture-backed startup. Early VC investors like Index Ventures, Greylock, and Kleiner Perkins stand to win big.
  + stars: | 2022-09-15 | by ( April Joyner | ) www.businessinsider.com   time to read: +2 min
Adobe is buying the design-software startup Figma for $20 billion. Its early backers, including Index Ventures and Greylock, are likely to see big returns as a result. In a sleepy period for initial public offerings and blockbuster acquisitions, Adobe's $20 billion deal to acquire the design-software company Figma stands out. The acquisition is likely to be a sweet deal for early investors such as Kleiner Perkins, Index Ventures, and Greylock Partners. And now, Adobe is paying $20 billion, a combination of cash and stock, which is twice Figma's last known valuation.
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