Google is using artificial intelligence to summarize employee comments and questions for the forum.
Well, isn't that a good start?
Anyway, the TLDR "answer" from CFO Porat is "We were spending too much", while Pichai's answer is "We hired too much people". Way to dodge the question, assholes.
Alphabet’s full-time headcount climbed to over 190,000 at the end of 2022, up almost 22% from a year earlier and 40% higher than at the close of 2020.
So they had around 135k employees in 2020. Why the fuck did you overhire, then? Just to lay off and show off to investors as someone who increased profits in the most asinine way?
Pichai then joked that leadership should hold a “Finance 101” Ted Talk for employees.
Yeah, nevermind me, Sundar Pichai, earning way more money year after year while you're all begging for raises, it's just finances, you guys!