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.world
      link
      fedilink
      English
      arrow-up
      32
      ·
      8 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.world
        link
        fedilink
        English
        arrow-up
        2
        ·
        edit-2
        8 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.