Google employees are horrified at the fall of stocks

The global stock market is again worrying and Google is no exception. Today they still somehow tried to keep the stock price at a normal level in the morning, but after lunch everything slipped back to yesterday's indicators (when trading was stopped): $ 329 per share. It is worth saying that this value of a security is the key point that all employees of the search giant are now watching, since a huge part of the shares (about 1.7 million) was set to a guaranteed average price of $ 329.78 per share. If the stock price falls below this level, then fraud by them, in fact, become meaningless. In addition to this, we note - rather big, the share of the shares is another 5.7 million securities, whose average price was guaranteed at a level not lower than $ 450. In short, 61% of Google’s shares in trading

The remainder of Google’s securities is losing value below $ 275, $ 177 and $ 21 (for pre-IPO employees who are unlikely to care much about this situation). Only 8 days ago, the giant's shares were sold and bought at a price of $ 411, and three months ago: $ 450. If this continues, it is quite possible that many Google employees will start looking for work on the side, since it is not yet known how long the company's shares will fall (and whether they will rise after that).



Let me remind you that in addition to wages, each Google employee receives his own shareholding in the company, which is actually a guarantee of good work (the price of shares is set by the market -> the better each individual employee works, the more his papers are worth). And if the macroeconomic cycle does not return to the growth phase in the near future, then it is likely that difficult times will come for the search giant.

In the wake of TechCrunch .