this post was submitted on 29 Apr 2024
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Google layoffs: The company plans to set up a new team in Munich, Germany which would act as "cheaper" labour, the report claimed.

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[–] sirboozebum@lemmy.world 31 points 6 months ago (1 children)

For shareholders, he has increased the share price and dividends.

It seems he has done this via Boeing route of management, short term gain for long term decline.

[–] AWittyUsername@lemmy.world 2 points 6 months ago* (last edited 6 months ago)

It's the best route to take as a CEO though. Google's short term gain is also lining his pockets, he can suck the company dry and have enough money to never have to work again.