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by dimva 1250 days ago
He has already "suffered" the consequences. Google stock is down ~35% from its highs, so his compensation (which is mostly stock) has already been reduced by that amount. Following the layoff announcement, it is up by ~3% in premarket trading, so he is being rewarded for laying off these people. This is how the system works, designed entirely for the benefit of holders of capital.
2 comments

Oh no. A billionaire's unimaginably massive compensation is now just somewhat less unimaginable.
It would be except he will get makeup grants in the next year or two to bring him back to where he needs to be.
What do you mean? Where does he need to be and why does he need to be there?