Re:Google to Slow Hiring for Rest of 2020
by smt88 on Thursday April 16, 2020 @02:17AM
(#22886656)
> both depend on ads
True, but their value to advertisers depends on users. Facebook is likely seeing a massive spike in (ad-viewing) users, whereas Google a much more modest one. I'm sure Google Search and YouTube have gone up, but the former won't have gone up much, and the latter has not yet been profitable for Google in the first place.
> I'm wondering why one is tightening the belt and other is moving full speed on expansion
Neither needs to tighten belts. Both have enormous amounts of cash.
True, but their value to advertisers depends on users. Facebook is likely seeing a massive spike in (ad-viewing) users, whereas Google a much more modest one. I'm sure Google Search and YouTube have gone up, but the former won't have gone up much, and the latter has not yet been profitable for Google in the first place.
> I'm wondering why one is tightening the belt and other is moving full speed on expansion
Neither needs to tighten belts. Both have enormous amounts of cash.