Thread regarding Alphabet Inc. (Google) layoffs

CEOs from Mark Zuckerberg to Sundar Pichai explain why companies are making cuts this year

  • Tech industry layoffs are ongoing and widespread, impacting companies like Google, Tesla, and Apple.
  • CEOs at big tech companies blame the cuts on overhiring and a shift towards a smaller workforce.
  • Companies are also restructuring workforces to prioritize AI development.

https://www.msn.com/en-us/money/companies/ceos-from-mark-zuckerberg-to-sundar-pichai-explain-why-companies-are-making-cuts-this-year/ar-BB1oZgmt

by Anonymous
| 12171 views | | 3 replies (last July 7, 2024) | Reply
Post ID: @OP+1tfqusW4
Comment! It's anonymous!

3 replies (most recent on top)

It's due to overhiring and TCs that were way too inflated

by Anonymous
| | Reply
Post ID: @9fsn+1tfqusW4

One problem is that companies, unis, government, etc. pushed too many people, especially women, into CS. This not only resulted in oversupply, but people who are more interested in writing config files, documentation, and processes than writing software.

by Anonymous
| | Reply
Post ID: @rrb+1tfqusW4

And the news is?
What's the insight?

It's the same regurgitated drivel CEOs are giving for the last 18 months. Lazy journalism that definitely is easily replaced by chatgpt

by Anonymous
| | Reply
Post ID: @rkd+1tfqusW4

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