this post was submitted on 02 May 2024
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Google lays off hundreds of 'Core' employees, moves some positions to India and Mexico (www.cnbc.com)
submitted 5 months ago by lautan@lemmy.ca to c/technology@lemmy.world
3 comments fedilink hide all child comments
 

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

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[–] ReallyActuallyFrankenstein@lemmynsfw.com 0 points 5 months ago (1 children)

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 0 points 5 months ago (1 children)

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

[–] gravitas_deficiency@sh.itjust.works -1 points 5 months ago* (last edited 5 months ago)

It’s called

Late Stage Capitalism