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The job cuts had nothing to do with keeping the company profitable. In fact, the company was significantly less profitable in Q1 than it could have been due to
by jsnell 3y ago
The job cuts had nothing to do with keeping the company profitable. In fact, the company was significantly less profitable in Q1 than it could have been due to not yet realizing any savings but additionally having billions in charges from the layoffs.
It's possible that Google becomes a significantly more profitable company as a result of this, but it seems equally plausible that in three months they'll go on another hiring binge. That's what weak leadership like Sundar's gets you: no vision and no consistency.
- nashashmi 3y agoHe should have given no severances. That would have kept Q1 up. And he should have just kept it within the senior level to start laying off and let them decide. No sudden movements.