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Former Google CEO Eric Schmidt, who has since moved on to greener and perhaps more dangerous pastures, told an audience of Stanford students recently that “Google decided that work-life balance and going home early and working from home was more important than winning.” Evidently this hot take was not for wider consumption, as Stanford — which posted the video this week on YouTube — today made the video of the event private.

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[-] psvrh@lemmy.ca 213 points 2 months ago

Because Google was so focused and strategic before the pandemic rollseyes.

The issue is Google’s broken governance and incentive system, which gives product owners and executives incentives for new products and actively disincentivizes maintaining and improving existing products...and that was a thing from well before the pandemic hit.

It's why Google launched three pay systems and had five messaging systems at the same time.

And, finally, this is all because of the strategy set by senior leaders.

[-] mPony@lemmy.world 55 points 2 months ago

a) you're right. Everyone who says this is right

b) If the senior leaders have designed their own ivory towers to force obsequious behaviour from their own people, they sure as shit won't listen to totally reasonable analysis from people who don't work for them. As such, they have engineered their own demise. I wish them well with it.

[-] phoneymouse@lemmy.world 18 points 2 months ago

Yeah and they make ad revenue hand over fist. So anything else is just “experimental” to them aka a cost center. Since they don’t commit to these side products they don’t become profitable and inevitably get cancelled.

[-] kalleboo@lemmy.world 20 points 2 months ago

Also the ads are just so obscenely profitable that anything else will always just be a small side project. Google ad revenue is $200 billion/year.

If a new product has revenue of $500 million/year it’s still peanuts that are just a distraction and can be canceled with zero impact.

[-] SeaJ@lemm.ee 150 points 2 months ago

It honestly took me a while to figure out why people were criticizing him. I read his remarks as a positive and didn't realize he thinks having a work-life balance is a bad thing. Odd coming from someone who is fucking retired. "You work, I live. Things are balanced."

[-] isles@lemmy.world 62 points 2 months ago

Odd coming from someone who is fucking retired.

I'd suspect he sacrificed work-life balance his whole career (yes, CEOs are known for golfing and vacations, but I bet they still think of work 24/7). So just like people complaining about student loan forgiveness, some people get so angry if they perceive someone might have an easier experience than they did.

[-] TheReturnOfPEB@reddthat.com 28 points 2 months ago

maybe he just hated his family

[-] paf0@lemmy.world 21 points 2 months ago

Personally I don't like student loan forgiveness because I think a free public university system is a better investment.

[-] exanime@lemmy.world 57 points 2 months ago

Yeah, same reason I don't like insulin, I want a permanent cure for diabetes... In the meantime fuck diabetic people, am I right?

/S in case people are confused

[-] a9cx34udP4ZZ0@lemmy.world 24 points 2 months ago* (last edited 2 months ago)

In the meantime fuck diabetic people, am I right?

Student loan forgiveness with no other action is completely counter-productive. Just like allowing drug companies to charge anything they want for Insulin, and then just having the government pay them is completely counter-productive. The answer to spiraling insulin prices (when not due to a shortage of some key ingredient) is to cap prices, not just pay whatever ransom drug companies are asking.

College costs have spiraled out of control because laws were passed to prevent you from escaping student loan debt through bankruptcy. From a lender perspective there's almost no risk to giving students as much money as they want to borrow. Colleges in turn realized they could just keep raising prices because students could "afford" pretty much any tuition price through loans. If you just "forgive" all student loan debt, you'll just encourage colleges to jack up prices even more. Why not? Come one come all, the government is going to foot whatever the bill ends up being!

If you're going to forgive student debt, it needs to come with 3 things:

  • A hard cap on public university tuition tracking inflation
  • Student loans need to go back to being forgiven as a part of bankruptcy.
  • A long-term plan to make public universities "free"

You want to find a middle ground with conservatives? Make tuition free for the occupations we have a shortage of to encourage people to go to school for a degree in which there will be a job waiting when they're done.

We need more teachers? Teaching degrees are free for the next decade. You want to be a marine biologist? You pay whatever the (reasonable) capped state tuition is.

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[-] SeaJ@lemm.ee 37 points 2 months ago

¿Por qué no los dos?

I too prefer free tertiary education. But that also does not relieve the millions saddled with predatory loans.

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[-] Charapaso@lemmy.world 23 points 2 months ago

But...if you think free public university is a good thing...isn't not giving loan forgiveness analogous to saying "folks should stay in jail for trumped up marijuana charges until it's legal Federally"? IMHO people shouldn't have these loans in the first place.

If we can't afford loan forgiveness, we can't afford free public university. We can simultaneously fix the problems of the past while trying to improve things for the future.

[-] KillingTimeItself@lemmy.dbzer0.com 14 points 2 months ago

until it’s legal Federally”?

it would be worse actually, it would be the equivalent of federally legalizing weed, but then doing nothing for all the existing weed charges and just letting them roll out their time.

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[-] 6gybf@sh.itjust.works 14 points 2 months ago

CEOs sometimes think like this, but they seem to forget how much more they are paid when it comes up.

[-] RememberTheApollo_@lemmy.world 11 points 2 months ago

I’m on a business junket to [Miami Beach, Las Vegas, Jackson Hole, wherever] where I will [ski, drink, go to the beach, take a fishing boat, whatever] at an all-expensed resort or hotel, and have a couple meetings or attend a business conference, too. I’ll take a private jet and be there for a week. Everything is a business write-off. I’m getting paid while I’m doing this.

Next month will be another business trip.

Vs

Some family saved for years to visit Jackson Hole, take a hike, go fly fishing, and stay at a modest hotel or camp out. They’re not getting paid, everything is out of pocket, and they can’t write any of it off.

There’s a huge difference in not just pay but how their lives are structured financially. Tons more opportunities to write off and business expense things vs a normal person where everything is out of their personal money.

[-] Diplomjodler3@lemmy.world 136 points 2 months ago

Of course, of course. It can't possibly have been management infighting, lack of direction and destructive short term greed. No, it was people wanting to see their kids that are to blame.

[-] SlopppyEngineer@lemmy.world 48 points 2 months ago

The suits have taken over and are cannibalizing the current portfolio. Search is being transformed into a large AI powered advertisement billboard to pump up the profit. Now they're all surprised search is less used and realize that search is the gateway to their other services. And the management blame storm begins.

[-] Diplomjodler3@lemmy.world 41 points 2 months ago

If only people had worked more unpaid overtime, none of this would had happened.

[-] SlopppyEngineer@lemmy.world 15 points 2 months ago

none of this would had happened as fast

They always forget that part. Stupid executive decisions will still bring everything down.

[-] AbidanYre@lemmy.world 89 points 2 months ago

https://killedbygoogle.com/

I don't know man, it looks like the lack of focus started well before 2020.

[-] lustyargonian@lemm.ee 18 points 2 months ago

He's complaining that googlers aren't killing products faster anymore because of the remote work. It was easier to just say "hey how about we kill gtalk" over on campus coffee shop discussions, but now they've to do that on Google meet and it limits the imagination of what all they could kill next week.

[-] Curious_Canid@lemmy.ca 11 points 2 months ago

Well, clearly, their executive team all need to be in the office. Their actual workers can be trusted to work from home.

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[-] unexposedhazard@discuss.tchncs.de 75 points 2 months ago* (last edited 2 months ago)

If he has time to complain about other people, then he is probably not essential to the operation. Maybe he should be fired instead.

[-] Dead_or_Alive@lemmy.world 60 points 2 months ago* (last edited 2 months ago)

He retired from his role at Google a few years ago so yeah…

But he is still a typical C-Suite asshole. Blame workers for strategic corporate failures (Googles competition all offer WFH) and take personal credit (and bonuses) for any and all successes.

[-] floofloof@lemmy.ca 27 points 2 months ago

Also taking huge salaries, bonuses and golden parachutes for any failures, while employees pay the price and you brag about being the one who takes all the risks.

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[-] barsquid@lemmy.world 61 points 2 months ago

Work/life balance, going home early, and working from home is winning.

[-] Reyali@lemm.ee 10 points 2 months ago

H&R Block has prioritized these worker-focused things since 2020, and in the past year its stock price has frequently broken its record high since going public in 1962. Its CEO has been interviewed by Fortune magazine about his commitment to keeping a “work from anywhere” policy at the company. The business is “winning” by the most public metric used to determine that, and I think their commitment to these exact things is a big part of why.

It’s amazing: when you treat employees like human beings, you tend to have better employees, and better employees make you more successful. /shocked pikachu face

[-] JoeKrogan@lemmy.world 43 points 2 months ago
[-] einkorn@feddit.org 37 points 2 months ago

told an audience of Stanford students recently that “Google decided that work-life balance and going home early and working from home was more important than winning.”

Yeah, so I know for whom I wouldn't want to work after graduating.

[-] mPony@lemmy.world 19 points 2 months ago

and nobody in the Stanford audience had the balls to yell out "IT FUCKING IS" at him after he said it. Cowards and sycophants, all.

[-] Paradox@lemdro.id 18 points 2 months ago

It's Stanford. Protests are to be had against middle America, not those who actually hold power, else you might not get the network effects the school all but promises

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[-] LittleBorat3@lemmy.world 35 points 2 months ago* (last edited 2 months ago)

Did some companies really go back to the office100%? We sure did not, going to the office is more of a social thing, maybe for all hands meetings, customer presentations and that kind of stuff.

The company wins because they can have a shiny office in the city that does not need to have workplaces for all employees but maybe 20% of them at a time.

With all the weird stuff that people do at home, productivity is still higher. In times of crunch working from home has saved me more than once. Etc blabla is this really still a discussion nowadays?

[-] Lets_Eat_Grandma@lemm.ee 25 points 2 months ago

I think it's been proven time and time again that return to office mandates are a way to avoid severance packages. People end up leaving voluntarily. In the age of tens of thousands of layoffs at all the big tech companies this has to have saved them thousands of salaries worth of compensation packages.

They don't care about the "quality" of workers because if someone is truly important they get exceptions, everyone else is imminently replaceable.

[-] ameancow@lemmy.world 13 points 2 months ago

In my time managing a team of about a dozen WFH employees, I had 10 of the 12 overworking every damn week. They were putting in time off-the-clock just because they were sitting at their desk without anyone coming in to shut off the lights and because they were comfortable at home. In the four years or so that I did that job, I had more problems with people overworking themselves than slacking off.

There were a couple times employees were obviously doing the bare minimum and playing video games. Since I managed in-person teams as well in the past, I know that this is normal, there will always be some percentage of employees that cannot stand working and try to do anything to avoid it. This happens WFH as well as in offices, but when it's WFH the company managers and owners don't have visibility on it, and thus feel not in control, and that's the very worst feeling for most of these folks who run companies.

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[-] expatriado@lemmy.world 28 points 2 months ago* (last edited 2 months ago)

cmon, it is the internet, a copy must be somewhere

[-] ipkpjersi@lemmy.ml 21 points 2 months ago

Did the students boo him? I hope so.

[-] 7rokhym@lemmy.ca 12 points 2 months ago

Of course not. They were taking notes as they expect to be next in line to grind the peasants.

[-] unemployedclaquer@sopuli.xyz 18 points 2 months ago

Anyone got a mirror?

[-] madcaesar@lemmy.world 16 points 2 months ago

Fucking billionaire luck babies telling others they need to work harder. Such a piece of shit.

[-] gravitas_deficiency@sh.itjust.works 13 points 2 months ago

lol what a fucking dipshit. I cannot believe he thought that would play well.

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this post was submitted on 15 Aug 2024
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