Not a bad email, and a decent follow up on the ones that are affected. It is also a reminder that killing yourself slowly at the workplace is meaningless. Management has no responsibility to you, and no promise is certain. It’s your responsibility to take care of yourself. My take, don’t be bitter. Take the severance as soon as possible and get back on your feet. Having Google on your resume is a very good thing.
Google to reduce workforce by 12k
151–160 of 1001 posts
Re: Google to reduce workforce by 12k
#152I work for a company about twice as big as Google. Getting permission to hire anyone is very difficult, and everyone is always 100% busy just to meet customer deadlines(which we often don't). I guess Google and other FAANG-type companies must work in a different way that I can't comprehend if they can just randomly decide to fire 10% of their workforce. If 10% of the people on my project were fired, our customers wou…
Honestly, 90-ish% of Google's revenue comes from ads. Almost every other product area there is just a financial loss unless it's supporting search&ads. They keep making "bets" to try to diversify the revenue stream, but it never works. Hence why I don't think this will be the last round of layoffs.
It will be interesting to see how this shakes out and what parts of the org and what roles this affected.
(Worked there for 10 years, so find this all... sad and interesting)
Re: Google to reduce workforce by 12k
#153I guess someone has to write this comment: > I take full responsibility for the decisions that led us here As usual, he says nothing more what the consequences for him are. It seems like all of the FAANGs have made severe strategic cockups when it comes to hiring lately. I wonder if it will affect their longterm attraction as employers.
> It seems like all of the FAANGs have made severe strategic cockups I’m becoming more and more convinced that they’re preparing for a global recession. I posed such an Ask HN a while ago, before the Microsoft layoffs, where the general takeaway was that there’s no indication for a recession. However, after the 10+12K layoffs by the giants, and constant news about smaller layoffs by smaller companies (in the 100s per…
I’m not buying into the collusion to compress wages or unchecked hiring that is becoming exposed theories. These a companies with globe spanning businesses the touch much of the world every single day (I’d put Stripe in this bucket too). They’ve got much greater and earlier visibility into the state of the broader economy long before governments do. Why don’t we assume they’re a leading indicator of things to come? Why do these moves apparently only make sense when everyone else has finally come to the same conclusion?
The silver linings for me so far has been that a) for many of the bigger companies the reduction is only bringing them back to their pre-pandemic levels of still very huge companies and b) the open lists of laid off people some of these companies have produced at first glance seem to skew very heavy towards recruiters/HR and marketing. Which makes sense if you’re not expecting much growth over the next year.
Re: Google to reduce workforce by 12k
#154Does anyone know what "Outside the US, we’ll support employees in line with local practices." exactly means? In Germany I could imagine it to be "You're fired. Go to the Arbeitsagentur and find a new job". Of course within the legal forewarning period.
for example, technically the meta layoffs back in November have not even happened here in NL and the affected won't even know until at least March-April!!
Re: Google to reduce workforce by 12k
#155Another multi-billion dollar company making billions of dollars of profit dumps thousands of staff on the streets. There are two approaches here. Firstly, attrition, simply don't replace those that leave. Given the sheer size of the company, a hiring freeze and attrition would gradually reduce the size of the workforce. I'd be astonished if a company with a market cap of $1.2 trillion would be likely to collapse if i…
Re: Google to reduce workforce by 12k
#156I work for a company about twice as big as Google. Getting permission to hire anyone is very difficult, and everyone is always 100% busy just to meet customer deadlines(which we often don't). I guess Google and other FAANG-type companies must work in a different way that I can't comprehend if they can just randomly decide to fire 10% of their workforce. If 10% of the people on my project were fired, our customers wou…
Re: Google to reduce workforce by 12k
#157I guess someone has to write this comment: > I take full responsibility for the decisions that led us here As usual, he says nothing more what the consequences for him are. It seems like all of the FAANGs have made severe strategic cockups when it comes to hiring lately. I wonder if it will affect their longterm attraction as employers.
However, i think a good gesture as a CEO when acknowledging your company is going through rough times would be things like postponing your bonus, or diminishing your payroll. That would be classy.
Note that the same could be said for politicians in charge. You want people in the country to make sacrifice and endure tough reforms ? Ok, start with your own payroll and various benefits. Lead through example.
Unfortunately greed is going too strong those days.
Re: Google to reduce workforce by 12k
#158Google had 156,500 full-time employees in 2021, an increase of nearly 16% year-over-year as compared to the 135,301 full-time employees in 2020. Google's pace of hiring was also torrid in the second quarter of 2022 as the company added 10,000 new employees to its 163,906 workforce - that is only through to July 2022. These "Layoffs" are awful for individuals, but they are simply a sign that they went on a hiring spre…
I saw it in practice as I left Google at the end of 2021 and job hunted on and off through the year. The pace of hiring everywhere significantly dropped mid-2022.
Re: Google to reduce workforce by 12k
#159Well, developing AI systems which are able to replace you and your abilities was not the best idea I guess.
Re: Google to reduce workforce by 12k
#160A lot of people seem to be chalking this one up in the “memetic imitation among tech execs” column. However, in the case of Google, I’m not so sure. Google is an advertising business. And advertising revenue is extremely sensitive to changes in the economy (Companies cut ad spending when there isn’t as much demand to soak up). In the last recession Google was still rapidly stealing ad share from old media, but now th…
Obviously this doesn’t apply to advertising which is just gratuitous brand building.