Re:Google fires 31 massage therapists as part of layoffs
by hn_throwaway_99 on Sunday January 29, 2023 @12:43PM
(#34570525)
Context matters. The original statement was:
> Google is so badly managed (e.g. Stadia failure recently) that I am surprised that investors tolerated their insane cash burning for so long.
That is, I (and I think most others) interpreted that as Google was essentially lighting a big pile of their cash on fire due to poor management, not that they were unprofitable. That would be very different, for example, than a statement like "Most of these new car companies are burning cash at an unsustainable rate."
> Google is so badly managed (e.g. Stadia failure recently) that I am surprised that investors tolerated their insane cash burning for so long.
That is, I (and I think most others) interpreted that as Google was essentially lighting a big pile of their cash on fire due to poor management, not that they were unprofitable. That would be very different, for example, than a statement like "Most of these new car companies are burning cash at an unsustainable rate."