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Google employees take stock, make profit
11 hours ago ago from Technology News
If it wasn't already good enough to work for a company as big and successful as Google, its employees have had a huge windfall this year. Those who exchanged their stock options in March are now looking at a huge profit margin. Google announced plans to let 16,000 of its workers exchange their stock options in [...] Related posts: Free falling Google stock scares employees and the world Facebook raising 0 million to buy back stock ...
Related contentGooglers Score A Quick $2 Billion On Option Repricing (GOOG)
11 hours ago ago from The Business Insider
Thanks to an extremely fortuitously timed stock-option repricing (exchange), Googlers have made a killing in the past eight months at shareholder expense. Option repricing is usually a colossal rip-off, a way of taking something that is supposed to be incentive-based compensation and transforming it into a heads-employees-win, tails-shareholders-lose guarantee. And so it was here. Google's stock is now nearing its peak again, a mere ...
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