"Google Issues First Dividend, Launches $70B Buyback, Doubles Stock Value, Yet Lays Off 12,000 Amidst CEO's $226M Earnings"

Dan Price on X: "Google has $100 billion in cash on hand, just issued its first dividend, gave investors a $70 billion buyback, its stock almost doubled in the past year and its CEO made $226M in one year. It also laid off 12,000 people in the last year. Remember when their motto was "don't be…" / X

PostConversationDan Price@DanPriceSeattleFollowGoogle has $100 billion in cash on hand, just issued its first dividend, gave investors a $70 billion buyback, its stock almost doubled in the past year and its CEO made $226M in one year. It also laid off 12,000 people in the last year. Remember when their motto was "don't be evil?"11:14 AM · May 10, 2024216.2K Views1,872 Reposts48 Quotes6,355 Likes185 Bookmarks185...