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Re:Google cuts office space in Bay Area by more than a milli... by financypants on Friday June 09, 2023 @01:21AM (#36253587)
Their duty is to keep revenue or profitability up and to the right. Every quarter that they don’t do this, analysts will grill the management team about what happened and what will change. The company is forced into a cycle, quarter by quarter, of underestimating earnings, outperforming estimates, and pleasing investors.
Re:Google cuts office space in Bay Area by more than a milli... by epicureanideal on Friday June 09, 2023 @01:44AM (#36253763)
Or they could grow a spine and declare they’re not playing that short sighted game.
Re:Google cuts office space in Bay Area by more than a milli... by thesuitonym on Friday June 09, 2023 @01:57AM (#36253853)
they could, and occasionally a few CEOs do this. It is not the norm, though.