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GOOG - GOOGL - Alphabet Inc Google

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by bigbear0083, Mar 31, 2016.

  1. T0rm3nted

    T0rm3nted Moderator
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    No issues yet
     
  2. OldFart

    OldFart Well-Known Member

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    weird... I had to delete it completely
    Firefox working great though... maybe chrome got jealous... lol
     
  3. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Relative strength chart of GOOGL, monthly view;
    relative to QQQ rather than SPY because.

    [​IMG]

    Not a good look. Better off sticking with the QQQ index.

    I keep comparing Google today to Microsoft in 2000 because they want to challenge the EU, rather than just play nicely. I saw someone on reddit the other day trying to argue that Microsoft won that case, but that's wrong just look at the MSFT/QQQ chart. Everyone ended up leaving Microsoft (Gates, Ballmer, etc.) and not until a brand new CEO entered the company did they get back to being Microsoft. That does not look like a win for the old guys to me.
     
  4. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    A group of roughly 225 software engineers and other workers at Alphabet on Monday said they have formed a union, a move that could ripple through Silicon Valley.

    The Alphabet Workers Union said it will be open to all employees and contractors, regardless of their role or classification. In addition, the Communications Workers of America [a telecom union] will provide support to the new Google union. Employees who join the Alphabet Workers Union will also be members of CWA Local 1400.

    The new Google union was organized in secret for the better part of a year.
     
    T0rm3nted likes this.
  5. emmett kelly

    emmett kelly Well-Known Member

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    why would you organize when you work for a company that offers top tier benefits?
     
  6. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Unionization is part of a larger trend of employee activism. They did not necessarily need to form a union; but that is what they did.

    The workers want Alphabet to be a company where workers have a meaningful say in decisions that affect them and the societies they live in.
    Remember the government contracts that Alphabet was signing, which the workers didn't like? I believe the JEDI contract was one of them, and there was some work they had to do for the Chinese government. They also did not like the huge severance pay that an executive received after being "fired" for sexual harassment.
    The Alphabet workers are concerned less with their own job security and more with how the code they develop gets used.
    (https://qz.com/work/1949309/a-union-at-google-is-just-the-start-of-employee-activism-in-2021)
     
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  7. T0rm3nted

    T0rm3nted Moderator
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    Good for them!
     
  8. emmett kelly

    emmett kelly Well-Known Member

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    If I wanted to be politically active I'd find a better method than trying to persuade my employer to see things my way. And if my employer supported a communist regime I'd simply find another job. Sounds like these people are looking for a way to feel good about themselves and sit around and sing kumbaya.
     

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