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A comment on Google Announces 12K Layoffs: A difficult decision to set us up for the future. Parent comment

Re:Google Announces 12K Layoffs: A difficult decision to set... by gmoot on Friday January 20, 2023 @11:46AM (#34455776)
There was a big change in 2015 when Ruth replaced Patrick as CEO.

Most of the cost cutting dates to then. She has been undeniably good for the share price, but it's a two-edged sword. There is a lot you can't do when you're focused on the share price.

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Re:Google Announces 12K Layoffs: A difficult decision to set... by TheOtherHobbes on Friday January 20, 2023 @01:00PM (#34457006)
This sounds very Ginni Rometty at IBM.

The share price did well, the company and its reputation much less so.

It's not exactly news that if you want to goose a share price, a big round of layoffs will "reassure investors." Especially when everyone else is doing the same thing.

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