Google CEO tells employees to expect more job cuts this year.::In an internal memo, Google CEO Sundar Pichai said recent layoffs are about “removing layers to simplify execution and drive velocity in some areas.” He warned that more are coming.
Record profits, time to do layoffs. :)
https://searchengineland.com/google-search-ad-revenue-q2-2023-433633
“We have ambitious goals and will be investing in our big priorities this year,” Pichai told all Google employees on Wednesday in an internal memo that was shared with me. “The reality is that to create the capacity for this investment, we have to make tough choices.”
Surely Alphabet will make the tough choice to cut CEO pay, right? lololololol I crack myself up sometimes…
They could, but even if they cut it to 0, assuming going from $226 million compensation (number I found for 2022, most of which by far is stock), and median employee costing $300k (I found a number around $270k median total comp, but the total cost is higher), that makes room for about 750 additional employees. Google has about 150k employees, so I think they’re laying off more than that. Of course there are other highly paid people in other top positions there too, but the thing about a CEO is, you only need one of them. If we would only consider cash, the number of employees would be much smaller.
“Sorry guys, we’re doing better than ever with record profits and massive growth, we’re going to have to let you go”
Every asshole CEO is betting that AI will magically fill the gap when he gets rid of Karen in accounting.
And the stupid fuckers are dead wrong. No one even knows what Karen does, but they will ask someone like me to “real quick use AI to replace it”.
Yes, Dave. I’ll give it a try. I know it’s a waste of time and money, but you’re paying for my time and it’s your money we’re wasting. So let’s have at it!
Then you’ll try to lecture me about how I should have had the foresight to prevent you from needing to hire a whole division to replace Karen.
Except you never get that chance, because you’re a cheap skinflint, and I’m only hearing about your firing through the rumor mill, because I left for more money over a year before your dumbass shit hit the fan - and I blocked your number when I left.
This will not save Google any money. But they don’t give a shit, it’s a pump and dump scam to maximize their sale of stock next quarter. Because they’re already using DuckDuckGo as well.
DuckDuckGo is surprisingly good. It is my go-to atm on all my computers. If it only had better maps…
I’ve replaced Google Maps with a physical Garmin navigation device in my car, as part of an intentional “deGoogling” of my life.
At first switching to a Garmin felt like I had become my grandfather.
But now that I’ve had it for awhile, I could never go back to Google Maps, anyway.
- Garmin’s interface is much nicer, to me, in a bunch of subtle ways that add up.
- I appreciate just saying “is it in the Garmin?” Instead of asking my SO to text me an address for the kids random event.
- I particularly love my Garmin’s ability to predict which lane I need when driving a big city highway.
The feature of Google I miss is “there’s an accident on the road ahead” which my Garmin cannot do because it is not constantly online.
Source: my personal experience. I’m not sponsored by Garmin. But if Garmin wants to send me free stuff they should let me know.
Layoffs have turned Google, Apple, and Amazon into IBM. You cannot sustainability cut jobs forever, while also expecting your bottom line and moonshot ideas to provide growth. What sustains you is “old tech”, and these companies jumped into old tech the second they decided to take management failures out on employees.
