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by flashgordon 988 days ago
A VP at Google makes about 5-10m in comp with SVPs making about 2-4x that (and CEO about 10x that (these are ranges so very unlikely will have some one with all those multipliers in the "extreme" range)

There are about (guessing and talking to people) 100-200 VPs conservatively and a dozen or so SVPs. So cutting leadership comp is reasonably feasible to save 10k jobs no? We haven't even talked about senior directors and directors.

At an average cost of 300k that comes to about $3B? At 5M average VP comp, even halving VP comp alone (not unreasonable given company direction is largely impacted by VP perf?) can save a good amount of job?

1 comments

True, I think cutting pay for all executives would make a meaningful difference in a layoff. But don't forget that some fraction of execs might also be getting the axe in said layoff. GP was talking about CEOs specifically.