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Employees at Nest had the weekend to cool off, following news of co-founder Tony Fadell’s abrupt departure on Friday. But questions still remained on Monday about Alphabet CEO Larry Page’s new marching orders for the company.
Tony Fadell’s abrupt departure as CEO of Nest offers Alphabet an opportunity to reboot the troubled connected-home unit, hopefully salvaging something from the $3.2 billion purchase two years ago. One question is whether Alphabet will take that opportunity or instead cut its losses and sell.
A National Labor Relations Board complaint lodged against Google and Nest recently by a former Nest employee has raised the prospect that tech firms could be forced to change confidentiality rules to allow employees to talk publicly about working conditions.
At a November all-hands meeting for engineers at Nest’s Palo Alto, Calif., headquarters, co-founder Matt Rogers said he was “losing sleep” over an exodus of staffers—roughly 70 in about six to 12 months, out of its workforce of roughly 1,000.
In the two years since Nest was acquired by Google, the company hasn’t released a new hardware product, besides an updated version of a camera it inherited with the Dropcam acquisition. Yet several products are in development, many of which revolve around a home security system. If released, ...