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But that's the thing. So many highly skilled people, put to good use can multiply profits no? That's assuming that those 10k are not some part of their new stac
by saidinesh5 4y ago
But that's the thing. So many highly skilled people, put to good use can multiply profits no? That's assuming that those 10k are not some part of their new stack ranking system.
How would you interpret massive layoffs when a company is not making losses?
To me, it looks like their existing projects aren't making the kind of money they want to make and they aren't interested in trying out more things that might give them a chance to make that kind of money.
- b112 4y agoSo many highly skilled people, put to good use can multiply profits no? No. If true, merely having skilled people would immediately lead to a win for any startup. How would you interpret massive layoffs when a company is not making losses? I would only care to try, to spend the hundreds or thousands of hours to analyze google's actions (instead of guessing), if I cared to invest heavily it. To the above I will add, a well run company does not wait to lose money, but manages finances ahead of the game. Beyond that, share price is how google acquires, yes? So if share price plummets, acquisition capability plummets...
- saidinesh5 4y agoBeing put to good use is what multiplies profits imo. Don't get me wrong, i have seen with skilled/learned engineers, taking horrible technical decisions and causing their companies a lot of financial headaches. So I understand what you mean. Especially about "managing finances ahead of the game". But at Google's scale (and profits..) it was a little weird to see(/not see?) no efforts of reorganization before all those layoffs.