Alphabet’s new CFO seems intent on deflating the magical bouncy castle that is Google. They’ve always been known for incredible offices, fantastic perks, and moonshot projects.
… employees were informed that their holiday gift this year was a donation to charity, Fortune has learned. Alphabet donated $30 million worth of Chromebooks, phones, and associated tech support to schools on its employees’ behalf.
Being told that nobody’s getting expensive holiday gifts this year? That’s reasonable – it’s not a very common perk.
Being told that not only are you not getting any gifts, but the budget that would have been spent on that is being donated on your behalf somewhere else? That has to sting a little.
I wonder what’s next on Porat’s chopping block – and I wonder if anyone’s worried about the 20% rule being at risk. If the C-suite wants fiscal responsibility at the cost of talent-attracting perks, Google might end up an ad publishing company that happens to have a IaaS platform.
Which will be a sad Google.