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This is basically the line of argument used to push for layoffs in 2022-2023[1]. From an investment standpoint, Google is a curious play, as it shares a massiv
by rm_-rf_slash 3y ago
This is basically the line of argument used to push for layoffs in 2022-2023[1].
From an investment standpoint, Google is a curious play, as it shares a massive ad market duopoly with Meta, yet invests billions in dubious product lines with uncertain payoffs or futures as leads move out to move up. The graveyard of cancelled Google products has been documented to the point of parody.
Personally I think the whole executive team is out to lunch, too comfortable with their printing press to do much if anything about Google’s structural dysfunctions.
[1] https://www.marketwatch.com/story/hedge-fund-billionaire-google-owner-alphabet-needs-to-cut-more-than-12-000-overpaid-jobs-11674484497 https://www.marketwatch.com/story/hedge-fund-billionaire-goo...