Google layoffs: The company plans to set up a new team in Munich, Germany which would act as "cheaper" labour, the report claimed.

Google layoffs: The company plans to set up a new team in Munich, Germany which would act as “cheaper” labour, the report claimed.

  • bobalot@lemmy.worldEnglish
    32·
    6 months ago

    For shareholders, he has increased the share price and dividends.

    It seems he has done this via Boeing route of management, short term gain for long term decline.

    • AWittyUsername@lemmy.worldEnglish
      2·
      6 months ago

      It’s the best route to take as a CEO though. Google’s short term gain is also lining his pockets, he can suck the company dry and have enough money to never have to work again.