Google Execs Say Employees Will Be Rewarded for Huge Profits With Fewer Layoffs

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, an all-hands meeting at Google's parent company Alphabet got contentious last week when staffers began asking executives why morale was so low despite record earnings that pushed the company's market cap

In another question, an employee asked why, "despite the company’s stellar performance and record earnings, many Googlers have not received meaningful compensation increases." With her feet to the fire, Alphabet chief financial officer Ruth Porat admitted that although the company currently has more than $100 billion in cash on hand, growth is still its main priority.

 

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