Google is laying off more employees and hiring for their roles outside of the U.S.
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The latest cuts come as the company enjoys its fastest growth rate since early 2022, alongside improving profit margins. Last week, Alphabet reported a 15% jump in first-quarter revenue from a year earlier and announced its first-ever dividend and a $70 billion buyback.
Repulsive.
So they ditch the people who helped make them successful? What kind of ass-backwards strategy is this?
It’s called
Late Stage Capitalism