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Google offers 'voluntary exit' to all US platforms and devices employees

(www.theverge.com)
161 points unsnap_biceps | 2 comments | 31 Jan 25 23:06 UTC | HN request time: 0.407s | source
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Animats ◴[01 Feb 25 03:20 UTC] No.42895327[source]▶
Does this mean Google is exiting the phone business?
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rawgabbit ◴[01 Feb 25 03:53 UTC] No.42895494[source]▶
I once worked at a BIGCORP. The newly appointed CFO said the new philosophy was that if a division which was its own corporate entity was not number one or two in its industry, it was best to sell and exit. They did this for many years and wound up selling everything. I would argue this is a net negative for society and consumers who have less choice less competition and higher prices.

In 2015 YouTube was separated from Google with both owned by Alphabet. My guess is that Sergey Brin couldn’t care less if both companies went out of business. All they care is ROI.

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1. dangus ◴[01 Feb 25 18:17 UTC] No.42900626[source]▶
That is just a dumb as hell CFO. That philosophy is based on absolutely nothing.

If you’re “second best” as a product then you need to position yourself as being better at something that the market leader isn’t doing as well.

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2. machomaster ◴[01 Feb 25 21:42 UTC] No.42902662[source]▶
Fyi a couple of years ago Google's management's internal battle cry leaked in which they said that if Google Cloud won't become number 1 (so beating Amazon and MS) in 2-3 years, they will close the whole thing.

Never trust Google with anything, if don't want it to be inexplicably and suddenly closed.