Google CEO Pichai tells employees not to 'equate fun with money' in heated all-hands meeting
www.cnbc.com
Google CEO Sundar Pichai expressed some annoyance at this week's all-hands meeting as he sought to clarify and defend cost cuts and address employee concerns.

From the article:

“How do I say it?” Pichai began his measured response. “Look, I hope all of you are reading the news, externally. The fact that you know, we are being a bit more responsible through one of the toughest macroeconomic conditions underway in the past decade, I think it’s important that as a company, we pull together to get through moments like this.”

Basically they are gonna downsize despite sitting on a mountain of cash. Apparently this is because of the macroeconomic climate and slow growth. Could just be an excuse but it seems believable there is some truth as well.

    • @cayde6ml@lemmygrad.ml
      6•2 years ago

      Eh. I can conceptually imagine a socialist version of Amazon powered by renewable energy and making efficient use of resources and letting employees have their labor rights. Capitalism is the primary problem with Amazon.

      • QueerCommie
        6•2 years ago

        Another reason why capitalism makes Amazon problematic is the consumer culture. In socialism people should still be able to get things in just a few days, they should just have less of a want for unnecessary things.