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.
Mining the goodness that used to be there happened long ago; it got so bad that they killed the patient about a decade ago, and now his decay is getting advanced enough that they know they need to start grabbing his jewelry and hunting through his wallet for any credit cards that haven’t been maxed yet, because it won’t fool anyone to keep toting him around town pretending he’s still the mayor. It was fun while it lasted though.
The article is from a month ago, about a layoff that happened half a month before that, so this all happened before the ai rollout when they were probably still optimistic it was a good idea
We can type all the shit we want here on Lemmy but there's a reason they hired an Indian guy as CEO of Google and pay him millions while we slave at our 9-5 for peanuts.
To hide the fact that Larry and Brin to this day are true heads of Google. Sundar does not mean anything. Same way, Satya Nadella means nothing, and Bill Gates to this day controls Microsoft (and is on WEF board).
Any Indian or Asian figurehead is just for optics employed by Western companies to pretend inclusiveness. The underlying goal is still the same as what CIA/WEF/IMF dictate.