
During Eric Schmidt's talk on stage here at W2S, John Battelle asked the Google CEO about the origin of the 10% raise that eventually led to the firing of a Google employee last week. Schmidt brought up that the decision to give a raise was made in the spring, and that the company is still carrying residue of the recessions. Along with the increase in salary, Google made the decision to focus on further acquisitions like Android and Maps.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/b7W0ad0BFhU/
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