Tech Industry
2d
52090
Goog Employees Arrested
Tech Industry
Yesterday
375
Google has a workforce crisis thanks to their leftist/woke ideology
Tech Industry
Yesterday
7029
Google doing more layoffs, restructuring including country moves
India
Yesterday
1721
Lost respect for Modiji
Layoffs
2d
39986
Google CFO confirms 'large-scale' layoffs (Apr 17)
https://news.ycombinator.com/item?id=21815260 So basically some time back google set a goal of GCP being profitable by 2023 and a top two player. GCP will have neither by 2023 which is less than 6 months away. Given the hiring freeze and other bad news are we looking at mass layoffs at GCP? How bad will it be? Tc 450k Yoe 15 #Google #FAANG #meta #Amazon #Microsoft
If google shuts down GCP, they will cause permanent, irreparable damage to their image for enterprise customers. From that point on, no one is signing a new b2b contract with google, wether thats for Chromebooks, workspaces or anything else. They are done forever in the B2B space. So they will likely not shut down gcp. There is a clear path to profitability and they have the resources the pull it off. It's not a moonshot project. Its decent engineering, good business and good sales. Kurian will get GCP to profit.
AND if you read the article, here's a snippet "The group even talked about—and eventually dismissed—the idea of leaving the market entirely, this person said."
Thank you. A lot more reassuring for anyone in the cloud market space.
By 2023 means end of next year. GCP has 6 quarters left to be profitable.
But from such high losses can they come back?
If loss is due to investment, they can possibly turn it around
Chances are pretty late for them to get to Number 2. But profitability is possible but that’d mean investments on expansion goes down, which might be bad.
”Hey we’ve got this 24B ARR business, growing at 40% YoY. What should we do? Shut it down!”🤪
Having top tech and talent, why Google always sucks in mass adoption of great products? Seems like a systematic management issue.
They need our sales org
Yes, the sales folks have been saving the whole msft for years. I personally know a couple people from there and I’m really respectful to their ability to sell the sh*t we make. Oh, and the customer support also usually does a great job (had to deal with them couple of times)
Loss is shrinking as a percentage of revenue. The investment is warranted due to the size and growth of the market. Business 101. Not too difficult to understand. AWS also went through a similar trajectory.
Thanks do you know when AWS became profitable?
April 2015, and they had almost no competition at that time! AWS was founded in 2006.
Cloud, like phones are heading toward a two horse race. GCP is the windows phone of cloud
The reason that there are only two mobile operating systems if because app developers didn't want to learn more than two languages. I don't think that's a limiting hurdle for cloud.
This is definitely not the case. From the perspective of a large cloud consumer it looks more like being on multiple clouds while having to still invest in private is the most likely outcome. Legacy workloads are simply not being modernized fast enough and m&a ends up forcing big players into a multi-cloud posture.
I'm in team matching with Google and the recruiter told me that Cloud hiring is a top priority, while YouTube is not
Gcp is losing money? Why?
Don’t know. But lost $1 billion last year
Gives free credit to startups to show growth. Also gives services at low cost to capture market share.