Google is laying off more employees and hiring for their roles outside of the U.S.

  • ReallyActuallyFrankenstein@lemmynsfw.com
    link
    fedilink
    English
    arrow-up
    0
    ·
    2 months ago

    The latest cuts come as the company enjoys its fastest growth rate since early 2022, alongside improving profit margins. Last week, Alphabet reported a 15% jump in first-quarter revenue from a year earlier and announced its first-ever dividend and a $70 billion buyback.

    Repulsive.

    • henfredemars@infosec.pub
      cake
      link
      fedilink
      English
      arrow-up
      0
      ·
      2 months ago

      So they ditch the people who helped make them successful? What kind of ass-backwards strategy is this?

      • mosiacmango@lemm.ee
        link
        fedilink
        English
        arrow-up
        0
        ·
        edit-2
        2 months ago

        “Juice the next 3 months.”

        Thats it. Thats the whole strategy each exec uses until they leave.

        • Corkyskog@sh.itjust.works
          link
          fedilink
          English
          arrow-up
          0
          ·
          2 months ago

          I already made this comment on a completely different post, but it’s funny to see it’s fruition. McDonald’s executives bitching that fast food price increases have priced a lot of their low income customers off their menu… like they had no hand in it