11% increase in revenue. Lays off a thousand employees. Great to see capitalism working for people and not corporations.
You forgot, corporations are people too. And who are the most important people in the world??
*corporations are people in the USA
The beatings will continue until morale improves.
Enshitify, enshitify, enshitify.
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Trim the workforce to make room to hire cheaper employees.
Big corps keep cutting people, small jobs can’t keep a consistent roster. Everything is good…
This is the best summary I could come up with:
Google just confirmed to The Verge that it’s eliminated “a few hundred” roles in each of these divisions, meaning Google has confirmed layoffs of around a thousand employees on Wednesday alone, if we use a reasonable definition of “few”.
We asked Google spokesperson Courtenay Mencini to say if this was the complete and total number of job cuts in this round of layoffs, but she stopped replying at that point, only confirming existing layoff reports at 9to5Google and Semafor.
The New York Times reported on the engineering team layoffs too.
When we spoke to Mencini earlier this evening about the Google hardware layoffs, she did not mention the other layoffs — but did write that “a number of our teams made changes to become more efficient and work better” and that “some teams are continuing to make these kinds of organizational changes, which include some role eliminations globally.”
If so, though, it won’t work: The Verge is among the news outlets that takes a hard line against planted information, and we pride ourselves on finding the bigger picture.
Parent firm Alphabet employed 182,381 employees as of September 30th, 2023, so roughly a thousand job cuts would only be around half a percent of the company’s total.
The original article contains 360 words, the summary contains 206 words. Saved 43%. I’m a bot and I’m open source!
Best news I’ve heard this week!
The people losing their jobs are just workers with bills to pay and loved ones to take care of. No billionaires got laid off.
Yes buy layoffs at Google means something went wrong. They screwed up somewhere.
How is the result good news?
Google is dying. That’s the good news.
Google is intentionally shedding staff to reduce costs to increase their share price. I don’t think they’re actually having any kind of financial issues that would cause this. This is just a company chasing profit at the cost of their staff.
My condolences.
It’s just a thought geeks who were spying on us on a daily basis. How bad could it get if they all start up #Google spin-offs?
