Latest news with #CloudNext
India.com
05-05-2025
- Business
- India.com
Bad news for employees of THIS global IT company as it announces bonus cut, not Narayana Murthy's Infosys, Azim Premji's Wipro, IBM, name is...
Narayana Murthy, Late Ratan Tata, Azim Premji (Left to right) Bad news for Google employees: In a significant development for the employees of Google, it has been reported that Google employees have been informed of some possible changes relating to the company's appraisal and bonus structure. It has been reported that Google has announced a small dip in bonuses for most of its employees. Here are all the details you need to know. Google makes changes in performance review As per a report covered by the Times of India, an internal mail by the Google's Global Head of Compensation, John Casey states that while the company is seeing strong momentum with launches like Gemini 2.5 Pro and Cloud Next, it has decided to change its performance review system to better reward top performers. The main change is that more employees will have the chance to earn the top rating, 'Outstanding Impact', during yearly reviews. This is different from the previous system, where most people were rated 'Significant Impact'. Google wants to reward employees who contribute the most to its targets. Google spokesperson announces new plan of action 'We're making these changes to further reward top performers and continue our momentum across the company', Google spokesperson Courtenay Mencini said while confirming the changes, as reported by Times of India. 'The above changes are budget-neutral, and overall we're continuing to invest in comprehensive and highly competitive compensation and benefits,' Casey concluded in his email to staff. 'The move slightly reduce the bonus and equity payouts for those who receive the' 'Significant Impact'', the mail added. About Outstanding Impact' rating of Google As per the new performance review system, managers will now be able to give the 'Outstanding Impact' rating to more people, which will affect their pay in the annual appraisal cycle. The managers will also have more flexibility to reward those in the 'Significant Impact' group. However, Casey noted that the changes are 'budget-neutral', meaning some employees will get smaller bonuses to fund bigger rewards for top performers.
Time of India
03-05-2025
- Business
- Time of India
Google changes its appraisal program, VP emails to employees: "We want to be upfront that..."
Google announced major changes to its employee performance review system that will reward high performers with greater bonuses and equity while reducing compensation for others, according to an internal email sent to staff earlier this week. "High performance is more important than ever to achieve the goals we've set," wrote John Casey, Google's vice president of global compensation and benefits, in the company-wide message. The revisions to Google's annual review process will allow more employees to achieve the coveted "Outstanding Impact" rating. The company is restructuring what it calls the "Googler Reviews and Development" (GRAD) system to "further reward top contributors," Casey explained. The changes mean "more Googlers will have the opportunity to achieve that rating during annual reviews, and their bonus and equity award will be modeled using the O's individual multiplier in 2026." Google spokesperson Courtenay Mencini confirmed the changes, stating: "We're making these changes to further reward top performers and continue our momentum across the company." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Neurologists: These Shoes Are the Best Thing You Can Do for Your Body After 60 Foot Insider Learn More Undo However, to fund these increased rewards, Google is "slightly reducing the bonus and equity individual multipliers for Significant Impact and Moderate Impact ratings," according to Casey. The company emphasized these changes are "budget-neutral" overall. "We want to be upfront that to fund this we'll be slightly reducing the bonus and equity individual multipliers for Significant Impact and Moderate Impact ratings," Casey told staff, though he assured them that "Significant Impact will remain a strong rating — achieving it will still get you more than your target bonus." Read Google's compensations head full letter to employees "Hi Googlers, As recent moments like the Gemini 2.5 Pro launch and Cloud Next have shown, there's incredible momentum across the company right now — it's so exciting to see Googlers pull together to deliver on our ambitious product roadmaps. High performance is more important than ever to achieve the goals we've set, and so we're making some changes to further reward top contributors, in all teams across the company. First, we'll increase the ratings distribution guidance we give to leaders for Outstanding Impact (O). This means more Googlers will have the opportunity to achieve that rating during annual reviews, and their bonus and equity award will be modeled using the O's individual multiplier in 2026. Second, we're increasing the discretionary budget we give to managers so they can further reward high performers within the Significant Impact rating. We want to be upfront that to fund this we'll be slightly reducing the bonus and equity individual multipliers for Significant Impact and Moderate Impact ratings. It's important to note that Significant Impact will remain a strong rating — achieving it will still get you more than your target bonus. The above changes are budget-neutral, and overall we're continuing to invest in comprehensive and highly competitive compensation and benefits. These changes apply to the end-of-year reviews and 2026 compensation planning. John Casey" AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Yahoo
10-04-2025
- Business
- Yahoo
Citi Cuts Alphabet Price Target to $195 While Maintaining Buy Rating
Citigroup lowered its price target on Alphabet Inc. (GOOGL, Financials) to $195 from $229, keeping a Buy rating as the firm remains optimistic about the company's long-term AI strategy despite near-term advertising headwinds. Warning! GuruFocus has detected 2 Warning Sign with AMZN. The move comes after Google's Cloud Next conference, where Citi analysts pointed to meaningful progress in artificial intelligence, including the rollout of Gemini 2.5 models, new AI agents, and upgrades to infrastructure like TPU v7. While these advancements show promise, Citi flagged the broader online ad market as a weak spot, citing uncertainty tied to tariffs. Alphabet shares last traded at $158.71, making Citi's revised target a 23% upside. The firm values Alphabet at 16 times its expected 2026 GAAP earnings per share. Even with pressure on ad revenue, Alphabet's fundamentals remain strong. The company grew revenue nearly 14% over the past year and is projected to grow another 11% in 2025, thanks in part to AI-powered search and steady YouTube monetization. Citi expects more clarity on the company's product roadmap at Google I/O on May 20. Alphabet is also set to report earnings on April 29. Other brokerages have also scaled back targets. KeyBanc and BofA now each peg the stock at $185, pointing to advertising and IT spending concerns. JMP, meanwhile, kept a neutral view, citing risks from a U.S. antitrust case that could affect Google's search position on Apple (AAPL, Financials) devices. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
10-04-2025
- Business
- Yahoo
Google introduces 7th Gen TPU Ironwood, Gemini 2.5 Flash coming soon
During the company's Cloud Next conference, CEO of Google and Alphabet (GOOG) (GOOGL) Sundar Pichai highlighted the importance of AI and said that in 2025, Google plans to invest $75B in total capex. Global private network – WAN – to be available to enterprises worldwide. Pichai introduced Google's 7th generation TPU Ironwood and said it is coming later this month. Gemini 2.5 Pro now available. The company also introduced its Gemini 2.5 Flash, which is coming soon. Discover outperforming stocks and invest smarter with Top Smart Score Stocks. Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on GOOGL: Disclaimer & DisclosureReport an Issue Google (GOOGL) Introduces a New Gemini 2.5 AI Model UiPath announces AI partnership with Google Cloud Alphabet Stock (GOOGL) Reverses Despite Ending Auto Case With German Antitrust Regulators Bentley Systems partners with Google to improve infrastructure through analytics Globant signs Strategic Partner Agreement with Google Cloud for AI solutions
Zawya
10-04-2025
- Business
- Zawya
Rubrik introduces new cyber resilient solution with Google Cloud
Dubai, UAE - Cloud Next '25 - In its ongoing commitment to deliver comprehensive cyber resiliency, Rubrik (NYSE: RBRK) today announces upcoming capabilities designed to help ensure Google Cloud customers can quickly recover their business from a cyberattack or operational disruption. Surviving a Cyberattack: Beyond Backup Recovery "As organizations increasingly shift their business-critical data to the cloud, they're confronted with new challenges in protecting sensitive information against rapidly evolving cyber threats—challenges their traditional security technologies simply can't address," explained Anneka Gupta, Chief Product Officer at Rubrik. "We aim to empower Google Cloud customers to address these challenges with confidence, enabling them to strengthen their cyber resilience, streamline data protection, optimize backup and recovery processes, and ensure business continuity in the face of any cyber incident.' 'For organizations navigating today's complex cyber threat landscape, comprehensive cyber resiliency is non-negotiable,' said Stephen Orban, Vice President of Migrations, ISVs, & Marketplace at Google Cloud. 'Our collaboration with Rubrik provides customers with the tools and technologies to establish isolated recovery environments on Google Cloud, fortified by the proactive security insights and expertise of Mandiant." Achieving Complete Cyber Resilience and Recovery Precisely designed for Google Cloud, this collaboration delivers: Cloud-Based Isolated Recovery Environment in Google Cloud – Rubrik, in collaboration with Mandiant, is developing a cloud-based isolated recovery solution on Google Cloud. This solution is designed to enhance organizational cyber resilience by ensuring business-critical data backups are secure from cyber threats and efficiently, safely replicated to Google Cloud via Rubrik's Secure Vault after an incident. By leveraging Rubrik's Data Threat Analytics and Orchestrated Application Recovery Playbooks, combined with Mandiant's periodic security assessments and Incident Response services, it aims to establish a secure recovery environment on Google Cloud, to enable swift core application restoration and business continuity. Strengthened protection of Google Cloud Engine and Google Cloud SQL – New threat-analytics capabilities are planned for Anomaly Detection, Data Discovery and Classification, Turbo Threat Hunting, and Threat Monitoring. These capabilities are designed to work together to proactively detect cyber threats, accelerate incident response and recovery, and ensure sensitive data remains protected and compliant. Enterprise-grade protection for Google Workspace – Rubrik's solution is designed for Google Workspace customers, to help them protect their mission-critical SaaS data from cyber threats, insider risks, and accidental deletion, through newly-offered immutable backups, automated anomaly detection, and rapid, granular recovery. Rubrik's strengthened protection of Google Cloud Engine is available now. New threat analytics capabilities, expanded protection of Google Cloud SQL, expanded protection of Google Workspace, and Cloud-Based Isolated Recovery Environment are planned to be generally available at a later date. To learn more, visit Rubrik's booth #3140 and #1210 in the Expo Hall at Google Cloud NEXT 2025 or request a demo here. About Rubrik Rubrik (NYSE: RBRK) is on a mission to secure the world's data. With Zero Trust Data Security™, we help organizations achieve business resilience against cyberattacks, malicious insiders, and operational disruptions. Rubrik Security Cloud, powered by machine learning, secures data across enterprise, cloud, and SaaS applications. We help organizations uphold data integrity, deliver data availability that withstands adverse conditions, continuously monitor data risks and threats, and restore businesses with their data when infrastructure is attacked. For more information, please visit and follow @rubrikInc on X (formerly Twitter) and Rubrik on LinkedIn. SAFE HARBOR STATEMENT: Any unreleased services or features referenced in this document are not currently available and may not be made generally available on time or at all, as may be determined in our sole discretion. Any such referenced services or features do not represent promises to deliver, commitments, or obligations of Rubrik, Inc. and may not be incorporated into any contract. Customers should make their purchase decisions based upon services and features that are currently generally available. Media Contact: Meghan Fintland Head of Global PR, Rubrik
