They didn't reduce comp, only perks, which affects him as well. If he cuts comp, I'm sure he'll do the same to himself.
And honestly, swag is a great place to cut. It's such a waste of material and money. Most of it ends up in the dumpster.
And honestly, swag is a great place to cut. It's such a waste of material and money. Most of it ends up in the dumpster.
The interesting part is that they felt the pennies nearest at hand were in their employee perks, rather than in expanding their business. That is always a bad sign even if the company we're talking about is as profitable as Google.
Not every business needs the best people working there, nor does every business need its employees to be highly motivated - it's a valid move in the extreme for Google to transition to being like SAP, but I can't believe all of the people in this thread that are defending that they have a right to do it without asking what their executives know that makes it seem so appealing.
I'd always sooner have a pay-rise, and choose my own toys.