https://www.cnbc.com/amp/2023/03/14/meta-layoffs-10000-more-workers-to-be-cut-in-restructuring.html Meta has been adamant about right sizing it’s workforce and the stock has more than doubled since hitting a low at 88 last fall, now 194 after 2 large rounds of layoffs and a massive share buyback. Google on the other hand is only up about 13% off it’s 52 week low at 83 hit in November and currently floundering at 94. Are we hearing any rumblings in tech about Google making more cuts or is the workforce right sized after the last round of cuts? Curious what people think?
Fuck off
Jpm should next
Meta stock also peaked above 380 and has “recovered” to 51% of all time high. Google peaked at about 150, so it’s running 62% of ATH.
Fair point.
Yea Meta dropped quite a bit due to the metaverse obsession last year. Google dropped in line with the tech market, maybe a lil bit more recently since chatgpt. But not a comparable reality IMO. But who knows!
Seems like chatgbt is overblown. Google is the market leader in search, AI, streaming via YouTube and seems to be firing on all cyclinders. Why hasn’t Google been touting this and talking down ChatGBT after all its issues. The PR team at Google needs to do more.
If they had the goods they'd be shouting it from the rooftops. The problem is they've only been optimizing for ad impressions for the last decade
Because there is pretty much no reason to panic. Keep calm and keep shipping.
It’s a sinister way to boost stock price at labor’s expense.
He started the company in person. Why’s his performance down so much
For suee
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This guy will single handedly destroy India
Ask Blinders
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Why no one cares about the lives lost in Gaza, Israel and busy in their own lives?
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What happens when most of your team is Indian?
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Metamate- cringe max posts by this wannabe influencer
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BREAKING: Internal sources confirm another round of layoffs just hit emails at Tesla. For real.
No.