[HN Gopher] Google's payments team is seeing an exodus of execut...
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Google's payments team is seeing an exodus of executives and
employees
Author : tim_sw
Score : 57 points
Date : 2021-08-20 21:25 UTC (1 hours ago)
(HTM) web link (www.businessinsider.com)
(TXT) w3m dump (www.businessinsider.com)
| KLVTZ wrote:
| https://archive.is/cYrEf
| oenetan wrote:
| thanks
| whymauri wrote:
| are they shuttering this one too
| bpodgursky wrote:
| Nah. I know the memes, but payments is far too core to throw
| out.
| [deleted]
| jsnell wrote:
| > Dozens of employees and executives have left the group
|
| [...]
|
| > more than 3,700 full-time employees, according to recent
| internal data viewed by Insider. Roughly half of those were
| previously overseen by Sengupta.
|
| Do I read correctly that "dozens" out of about 1800 people have
| left since April? Is that an abnormally high number, especially
| right after things started opening up again after the pandemic?
| MattGaiser wrote:
| Given the market, is there anywhere that isn't seeing an exodus?
|
| If you don't like your employer for whatever reason, now is the
| time to go.
| BitwiseFool wrote:
| Tempting, but I personally worry about a glut of talent. Truth
| be told though, I would probably have anxieties no matter what
| the market looks like.
| noodlenotes wrote:
| It might be a nice boost to your confidence to apply at a
| time when everyone is looking for talent and you'll get more
| callbacks.
| MattGaiser wrote:
| No reason you can't quietly explore your options.
| not_exactly__ wrote:
| I've been pondering for a while why Google never tried to acquire
| PayPal, and/or perhaps most importantly Venmo (which is part of
| it). With Android & Chrome being the platforms that they are, the
| ultra tight integration of payment of PayPal/Venmo should be
| interesting to unlock more payment growth. Yes Google has the
| technical ability to build competitors to those, but the market
| of consumers/SMB's don't appear to understand the Google payment
| offering. Whereas with PayPal/Venmo as the frontend brand, it'd
| be hard to argue that the market would be confused given the
| already existing uses and brand appeal. Of course this sort of
| merger may raise all sorts of antitrust flags so maybe it's just
| a thought experiment and nothing else for now.
| nicoburns wrote:
| Googl Pay is pretty popular here in the UK. The value
| proposition is simple: it's like a debit card, but it uses your
| phone, and thus can be more convenient in certain
| circumstances.
|
| From my european perspective, where sending money between bank
| accounts is free and easy using their first party apps, the
| last thing I'd want involved is paypal who have a reputation
| for stealing people's money and generally being difficult to
| deal with.
| crazysim wrote:
| There's a messaging app inside G Pay too.
|
| I don't think anyone would be actually surprised at that fact.
| ng12 wrote:
| I wonder if building a messaging app is the secret to promotion
| at Google. I cant think of any other reason they would have so
| many.
| Graffur wrote:
| My guess would be that it's interesting and achievable work.
| It is probably being done by people who have never built a
| messaging app so there is lots to learn.
| WrtCdEvrydy wrote:
| Building new useless shit is the secret to succeeding as a
| developer.
|
| You either build some shit or end up not getting a promotion
| / new job.
| omnicognate wrote:
| You mean the secret to being a developer is... developing?
| ForHackernews wrote:
| Certainly it's not a career that rewards maintaining
| legacy systems or cleaning up technical debt.
| still_grokking wrote:
| That's for the new hires. The experts who created those
| things move on.
| granshaw wrote:
| Non paywall link?
| KLVTZ wrote:
| https://archive.is/cYrEf
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(page generated 2021-08-20 23:00 UTC)