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975 points namukang | 1 comments | | HN request time: 0s | source
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musicale ◴[] No.43660541[source]
Does Google (or whoever is making these decisions) think that layoffs are in the long-term best interest of the company? If so, are they correct?

Or is it related to the possibility that Google may have to divest itself of Chrome due to anti-trust enforcement?

replies(3): >>43670228 #>>43678130 #>>43678240 #
1. xyst ◴[] No.43678240[source]
Wake up, buddy. This is the neoliberal/neoclassical economy we are living in. They are pumping the books to make their quarterlies look good.

Pump the stock, deliver "shareholder value", and make billionaire class richer is the game. Oh, and also make room for stock buybacks of course!