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So the problem with Google's earnings was that its exorbitant profit did not stay or grow at the same rate. During a pandemic followed by a global crisis prompt
by unity1001 4y ago
So the problem with Google's earnings was that its exorbitant profit did not stay or grow at the same rate. During a pandemic followed by a global crisis prompted by a war. And they are laying off people. To make hedge funds and shareholders happy.
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What a destructive 'growth at all costs' economic culture. I guess those hedge funds and shareholders will pick up the slack in those open source projects...
- garganzol 4y agoIt's always about the money. So nothing new here under the sun.
- bagacrap 4y agoWhat is a business supposed to be about?
- riku_iki 4y ago> its exorbitant profit did not stay or grow at the same rate I think their profit margin reduced, so company became less healthy and balanced.
- unity1001 4y agoHowever you look, their exorbitant, humongous profits have declined a slight bit !during a recession caused by a war!. This should not be a concern for any sane investor but the ones who want growth at all costs.