Substantial layoff at Google this morning, locations around the world. IT and helpdesk hit hard. To be fair, they’re hard-pressed, last quarter’s earnings a mere $26.54B, that’s a narrow 27.51% profit margin.
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Tim Bray (timbray@cosocial.ca)'s status on Thursday, 13-Mar-2025 01:08:22 JST Tim Bray
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Aral Balkan (aral@mastodon.ar.al)'s status on Thursday, 13-Mar-2025 07:12:25 JST Aral Balkan
@xerge @timbray Sounds like capitalism, working as designed.
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Serge (xerge@mastodon.nl)'s status on Thursday, 13-Mar-2025 07:12:27 JST Serge
@timbray Shareholders probably cried themselves to sleep with such paltry profit margins. Some may have to sell one of their superyachts. The horror. Something had to be done.
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