Google confirms it just laid off around a thousand employees - The Verge - eviltoast
  • Balinares@pawb.social
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    10 months ago

    Google has literally been reporting billions of net profit every quarter.

    This is about appeasing shareholders. The capitalist class hates that tech employees have been able to command decent salaries and has been striving to push back for a while now.

    • huginn@feddit.it
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      10 months ago

      Google only made $1,586,880 per employee in 2022, how could they possibly sustain lavish salaries?

      Won’t someone think of the shareholders?