https://www.reddit.com/r/wallstreetbets/comments/1bantxk/google_is_laying_off_people_this_weekend_bullish/ Or is this part of an old wave? #google #layoff
Biden is the best
Is this for real? Bidenomics is just as good as trumponomics
Yeah that inflation is helpful. Imagine being this dumb and partisan.
Layoffs are good for stock price
If Sundar gets laid off, I can see 20% rise the same day.
Bad news is actually a bad news now. Layoffs aren’t equating to stock growth but instead poor finance of the company to continue the trajectory of growth. It’s not fat trimming after pandemic hiring. It’s not due to AI advancements but just poor fundamentals. Maybe some of the companies are too big to continue show the growth. That’s not good for stock price though and soon big names would tend to be more value than growth.
Sundar said to expect layoffs to continue for the rest of the year
Let’s start with him.
That’ll help with morale.
At least Trump would be threatening these companies laying ppl off while recording record profits. Biden just eats ice cream and shits his pants all day.
Presidents can say whatever they want. Nobody takes that crap seriously.
Like Trump gives a fuck
The number of employees in the WARN notice that will get laid off is quite high. Around a few hundred. Scary.
That’s a pretty small number for google
Those are the January layoffs
Yup. Idk why this isn't higher up. Everyone forgets that Google will tell ppl they're laid off the instant they file those warns, they're not useful for predicting layoffs whatsoever.
both on reddit and here this was way too low. They are laying off on a Sunday because they are cheap bastards and it's exactly 60 days from Jan 10th (a Wednesday). They gave 60 days because that's what the law requires. It would be less without the law.
Sundar’s entire comp relies on stock options. So expect him to layoff anytime stock goes down. After he gets that package he can retire.
When’s Gusto IPOing?
Not anytime soon, or so I've been told.
the original poster even added a screenshot of the warn notice spreadsheet where it can be seen clearly that these people were given notice mostly back in january. this is NOT something new. and also, the reddit poster looks INCREDIBLY dumb and immature. like, maybe 11 years old. don't bring this useless garbage in here.
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We have rolling layoffs so you can bet there’s a layoff every week
Is it to boost stocks or ending obsolete projects?
I don’t think anyone including sundar has any idea.