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A comment on Alphabet’s Profit Falls 34% (fourth consecutive drop) Amid Ads Slowdown.

Re:Alphabet’s Profit Falls 34% (fourth consecutive drop) Ami... by andsoitis on Friday February 03, 2023 @12:14AM (#34637416)
> On Thursday, the company posted its fourth consecutive decline in profit as it grapples with a slowdown in digital advertising.

Layoffs as a means of cost reduction to stem the tide seems very rational.

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Re:Alphabet’s Profit Falls 34% (fourth consecutive drop) Ami... by kibwen on Friday February 03, 2023 @12:21AM (#34637450)
The beatings will continue until executive compensation improves.
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Re:Alphabet’s Profit Falls 34% (fourth consecutive drop) Ami... by dtyy568 on Friday February 03, 2023 @12:44AM (#34637574)
Shouldn't they instead punish those who inadequately planned for this?
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Re:Alphabet’s Profit Falls 34% (fourth consecutive drop) Ami... by twelve40 on Friday February 03, 2023 @03:00AM (#34638474)
yup. People make it sound like it's impossible to predict the market. On the other hand, what is the logic in overhiring - we expect search revenue (bulk of the revenue) to spike in the next few years, so we will hire 50,000 more engineers to... do what? build more search that's already built? and if things don't work out, we'll just get rid of them?
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Re:Alphabet’s Profit Falls 34% (fourth consecutive drop) Ami... by HWR_14 on Friday February 03, 2023 @01:20AM (#34637776)
More likely the post-pandemic all digital world didn't happen, so they can drop to still higher than 20% more than 2020 employee count and be fine.
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