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Google confirms it just laid off around a thousand employees (www.theverge.com)

submitted 8 months ago by [email protected] to c/[email protected]

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[–] [email protected] 3 points 8 months ago (1 children)

How is the result good news?

[–] [email protected] -5 points 8 months ago (1 children)

Google is dying. That's the good news.

[–] [email protected] 8 points 8 months ago* (last edited 8 months ago)

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.