Google Announces Fourth Quarter and Fiscal Year 2023 Results [pdf]

Post by shermantanktop » Wed, Jan 31, 2024, 3:26 AM UTC

oh_sigh wrote: post #136

QuercusMax wrote: post #76

Earlier quoted context omitted.

More than a fraction of recent hires. I had long-tenured teammates (10+ years) who were let go, for no particular reason.

I bet either their comp was very high due to their tenure relative to their output, or they spent too much time at the same level and weren't showing upward trajectory. I know that you only need to be an L4 officially to get past the up or out stage, but that doesn't mean that they won't find people to lay off who have been an L5 for 12 years

Post by d0gsg0w00f » Wed, Jan 31, 2024, 4:04 AM UTC

jeffbee wrote: post #146

d0gsg0w00f wrote: post #111

Earlier quoted context omitted.

> I've never gotten in a car without having decided my destination first. Not yet... > If letting your rideshare company decide your destination was really a thing, why wouldn't Uber be doing it already be doing it with human drivers? Because Uber isn't an advertising company. They're still chasing fares like scrubs

Honestly I have no idea why you are attracting downvotes. This feature seems inevitable, and arguably desirable. I am sitting here trying to use Maps to figure out if there are any pizza places that are open in my city right now, and if I could summon a car with the destination vaguely set to "pizza" and be presented with options, that might be OK, even futuristic.

Post by Jensson » Wed, Jan 31, 2024, 4:44 AM UTC

epolanski wrote: post #89

QuercusMax wrote: post #75

Earlier quoted context omitted.

In my org at the Goog, we didn't have any layoffs, but we also aren't expecting any new headcount any time soon. Projects that need more staff are expected to cannibalize it from other projects under the same VP. I feel like this is actually a good way of doing things, and wish Google did this more broadly. Just think if everyone who would have been laid off was instead transferred to a project that needs their skill…

Google used to be exactly like that up to a decade ago. Talent was considered core for the org so you would be relocated rather than cut off. Values shifted with the focus on earnings and growth getting less impressive.

Post by alberth » Wed, Jan 31, 2024, 5:08 AM UTC

jwr wrote: post #47

samspenc wrote: post #2

Summary from the release for Q4: - Revenue increased from $76B to $86B (13% increase) - Operating income increased $18.1B to $23.7B - Net income increased $13.6B to $20.7B - Diluted EPS increased $1.05 to $1.64

I highly recommend reading the excellent book "Financial Intelligence" if anyone wants to actually interpret these numbers. Having read the book, the section "Change in Useful Lives of Our Server and Network Equipment" immediately caught my eye. It's a classic maneuver.

Post by disillusioned » Wed, Jan 31, 2024, 5:26 AM UTC

ra7 wrote: post #30

disillusioned wrote: post #22

Earlier quoted context omitted.

Waymo _might_ be the sole survivor here... they are ABSOLUTELY trying their damndest with it. It's remarkable to not go a single day without seeing a driverless Waymo doing its thing. (I live in Central Phoenix, they're _everywhere_.) The core concept is being proven pretty well, in markets with good weather and good roads at least... whether they can achieve some sort of critical mass that allows them to recoup any…

> I've heard each Jag costs ~$250k fully loaded They said it costs as much as a “moderately equipped S-Class” 3-4 years ago. At the time, that would be ~$140k. That includes the base car cost, sensor hardware, compute, redundant vehicle systems and their integration. So not quite $250k, but still steep. I think the Waymo-Geely robotaxis coming next year will be interesting cost-wise. > That being said, it's not gener…