> The real problem is that companies of the Google scale will always need new engineers for particular projects and have a surplus for others. A global freeze o

> The real problem is that companies of the Google scale will always need new engineers for particular projects and have a surplus for others. A global freeze or even layoffs simply don't fit. Markets are trying to communicate the exact opposite: tighten the belt and focus on core profitability. Just because Google can continue to throw money at idea after idea doesn’t mean that investors want them to.