Sunday, February 19, 2023

Techies earning up to $1 million a year laid off at Big Tech firms

At Google, laid-off employees included those who had previously received high performance reviews or held managerial positions "with annual compensation packages of $500,000 to $1 million, reports The Information. As Big Tech layoffs dominate headlines, more details have emerged on which verticals and senior executives earning up to $1 million annually bore the maximum brunt at Google, Microsoft, and Amazon. https://ift.tt/fVyBTlO

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JD reports Q4 revenue up 13% YoY to ~$48B, its fastest growth in three years and above est., net income up 100%+ to ~$1.4B, as Chinese consumer spending rises (Bloomberg)

Bloomberg : JD reports Q4 revenue up 13% YoY to ~$48B, its fastest growth in three years and above est., net income up 100%+ to ~$1.4B, a...