GOOGLE EMPLOYEES QUESTION EXECS OVER ‘DECLINE IN MORALE' AFTER BLOWOUT EARNINGS

Summary from the TLDR newsletter

Google's business is growing at its fastest rate in two years, but the performance isn't translating to higher pay for employees. Employees questioned the company's plans to address a significant decline in morale, increased distrust, and a disconnect between leadership and the workforce during an all-hands meeting last week. At the meeting, Sundar Pichai said that the company plans to continue cutting expenses and driving efficiencies. While Google is growing its expenses this year, it is moderating its pace of growth. Most employees will receive a pay raise this year.