Have a few friends at Google, and was recently chatting to a head of EU for a midsize tech company. Consensus is that FAANG type companies are using the market as an excuse to get rid of dead weight, I assume because if they did it when nobody else was it would attract a lot more bad press
vyratus t1_j7fugy7 wrote
Reply to comment by andrewrgross in [OC] How Google makes money (its 2022 income statement visualized as a Sankey diagram) by IncomeStatementGuy
Have a few friends at Google, and was recently chatting to a head of EU for a midsize tech company. Consensus is that FAANG type companies are using the market as an excuse to get rid of dead weight, I assume because if they did it when nobody else was it would attract a lot more bad press