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If only owners/management was so interested in well-being of the remaining 138,000 employees and instead of doing buybacks, saved that money for salaries. Also
by sobkas 4y ago
If only owners/management was so interested in well-being of the remaining 138,000 employees and instead of doing buybacks, saved that money for salaries. Also jobs were cut not to save Google from bankruptcy, it was done to raise profits and shares value. They would be fine with few $10^9 less, but they don't want some of the money, they want all the money. Infinite growth is impossible.