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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Alphabet Inc.    GOOGL

ALPHABET INC.

(GOOGL)
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Delayed Quote. Delayed Nasdaq - 01/15 04:00:00 pm
1727.62 USD   -0.19%
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Alphabet : Google violated U.S. labour laws in clampdown on worker organising, regulator says

12/02/2020 | 10:14pm EST
FILE PHOTO: Logo of Google is seen in Davos

OAKLAND, Calif. (Reuters) - The National Labor Relations Board issued a complaint on Wednesday accusing Alphabet Inc's Google of unlawfully monitoring and questioning several workers who were then fired for protesting against company policies and trying to organise a union.

The U.S. labour regulator found Google unlawfully placed employees on administrative leave and terminated them for accessing documents related to how the company polices internal forums, according to the complaint. The agency also found unlawful Google policies for accessing documents and meetings rooms as well as its tactics for investigating employees because all of the efforts were aimed at deterring workplace organising, the complaint said.

Google said it was confident it acted legally.

"Google has always worked to support a culture of internal discussion, and we place immense trust in our employees," it said. "Actions undertaken by the employees at issue were a serious violation of our policies and an unacceptable breach of a trusted responsibility."

Google said the workers breached information security rules.

Their firings capped two years of battling between Google and its workforce, particularly in the United States. At issue is how much input the rank and file has on which projects the company takes on and how it handles sexual misconduct and other workplace matters.

At least five people fired after leading efforts to rally colleagues partnered with the Communications Workers of America union to petition the NLRB to challenge Google.

One of the fired workers, Laurence Berland, described Wednesday's complaint as significant "at a time when we're seeing the power of a handful of tech billionaires consolidate control over our lives and our society."

The NLRB did not include in its complaint several other allegations sought by the workers, who said they would appeal.

Google has until Dec. 16 to formally respond to the NLRB. The case, which could lead to reinstatement of fired workers and changes in company policies, is scheduled to be tried in front of an administrative law judge on April 12.

(Reporting by Paresh Dave in Oakland, California; Editing by Tom Brown and Grant McCool)

By Paresh Dave


© Reuters 2020
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Financials (USD)
Sales 2020 179 B - -
Net income 2020 35 870 M - -
Net cash 2020 118 B - -
P/E ratio 2020 33,6x
Yield 2020 -
Capitalization 1 171 B 1 171 B -
EV / Sales 2020 5,89x
EV / Sales 2021 4,81x
Nbr of Employees 132 121
Free-Float 90,3%
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Technical analysis trends ALPHABET INC.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 45
Average target price 1 932,17 $
Last Close Price 1 727,62 $
Spread / Highest target 30,2%
Spread / Average Target 11,8%
Spread / Lowest Target -28,4%
EPS Revisions
Managers and Directors
NameTitle
Sundar Pichai Chief Executive Officer & Director
John LeRoy Hennessy Chairman
Ruth M. Porat Chief Financial Officer & Senior Vice President
Lawrence E. Page Director
Sergey Mikhaylovich Brin Director
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