I think this is just expected. Google hired way too many people during the pandemic. Really a question of why they thought that was a good idea. They added like 70k employees in about 4 years. For what?
Google cites 'durable cost savings' as CEO Sundar Pichai warns of more layoffs
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Re: Google cites 'durable cost savings' as CEO Sundar Pichai warns of more layoffs
#22What does Google even do anymore? I can't think of any innovation they've made in the past five years or so? Anyone?
Re: Google cites 'durable cost savings' as CEO Sundar Pichai warns of more layoffs
#23Google search has gotten so bad I’m genuinely considering trying bing
Re: Google cites 'durable cost savings' as CEO Sundar Pichai warns of more layoffs
#24Google is still a juggernaut BUT... I don't think anyone here would claim competitor's "AI" isn't going to take a chunk of their search market, would they? Search quality was diminishing for the past few years as it is, but there was no real alternative. Now I'm using ChatGPT as much (or more) than Google. Almost everything about Google Search is mediocre.
Re: Google cites 'durable cost savings' as CEO Sundar Pichai warns of more layoffs
#25Can anyone name one thing of value this dude has actually done in his time in charge. Feel in a few years he's gonna have a worse reputation than Ballmer in terms of squandering potential.
Re: Google cites 'durable cost savings' as CEO Sundar Pichai warns of more layoffs
#26Google is still a juggernaut BUT... I don't think anyone here would claim competitor's "AI" isn't going to take a chunk of their search market, would they? Search quality was diminishing for the past few years as it is, but there was no real alternative. Now I'm using ChatGPT as much (or more) than Google. Almost everything about Google Search is mediocre.
Things which are mediocre and still dominate their segments include: Toyota cars, Heinz ketchup, GoPro cameras, Microsoft Windows, etc. Brand loyalty, trust, and familiarity simply go further than you think.
Re: Google cites 'durable cost savings' as CEO Sundar Pichai warns of more layoffs
#27Sundar should have been let go years ago, but I guess the pandemic money explosion made it easy for him to show big returns. But look between the margins and it's clear google is rotting on the inside. Search sucks. Gemini a year behind (despite google inventing transformers). Canceling products left and right leaving no consumer faith in new offerings. Cloud platform being an absolute terrible experience, even if yo…
Alphabet union [1] should put forth such a public letter, in keeping with tradition of Google stakeholders publicly demanding unnecessary expenses to be reined in [2].
[1] https://www.alphabetworkersunion.org/
[2] https://www.tcifund.com/files/corporateengageement/alphabet/...
Re: Google cites 'durable cost savings' as CEO Sundar Pichai warns of more layoffs
#28Google is still a juggernaut BUT... I don't think anyone here would claim competitor's "AI" isn't going to take a chunk of their search market, would they? Search quality was diminishing for the past few years as it is, but there was no real alternative. Now I'm using ChatGPT as much (or more) than Google. Almost everything about Google Search is mediocre.
Github Copilot was the real killer for me. I would say around 80% of the time I no longer have to leave my IDE for trivial problems (e.g. I no longer Google the regex) that I'd otherwise just rip from Stack Overflow.
Re: Google cites 'durable cost savings' as CEO Sundar Pichai warns of more layoffs
#29Re: Google cites 'durable cost savings' as CEO Sundar Pichai warns of more layoffs
#30https://www.macrotrends.net/stocks/charts/GOOG/alphabet/net-... Nearly $20B in profit in a quarter? Good time for layoffs.