Google layoffs: Sundar Pichai-led company fires entire Python team for ‘cheaper labour’

The fundamental problem with these businesses is that they are Too Big To Fail. Which is to say, they'll have a low-interest line of credit and enormous historic revenue streams that carry them decades past what should be an expiration date.

If a better Search Engine pops up, Google can either buy them out or vexatiously litigate them into the ground. If they start losing ground to Microsoft or Facebook, their treasury can simply hedge the losses by purchasing their rivals' stock. If they face an outside challenger - a ByteDance or a Pinstorm - they can lobby the Feds to lock out the competition or buffer their weak sales by winning more federal contracts from the PRISM program.

And, in the end, they'll always have their IP. Decades of accumulated "we developed a special coding technique for pressing a button, so now you owe us money any time you press a button" basic legacy infrastructure that everyone else will be forced to license by a captured judiciary/regulatory body.

Like GE and Walt Disney and Authentic Brands Group, they don't actually have to make anything in the end. They can reap tens of billions of dollars by collecting rents on the company legacy.

Just zombie firms feasting on the brains of smaller businesses and retail customers forever and ever and ever.

Source: I've done student outreach for Amazon (sitting at a booth, chatting to students, doing student program interviews).

That ship has sailed. While big tech still means big salaries, many graduates are now smart enough to realise that the magic number a company says they'll pay you every year is meaningless if they'll lay you off three months from now to appease some shareholders.

They see OpenAI, and they see a startup that basically mopped the floor with ALL of big tech in something they supposedly did for the better part of a decade. I genuinely think we're a few small success stories away from FAANG being completely relegated to boomer tech like IBM.

Google is done, IMO. The same goes for Meta, the two big tech companies that showed people how "fun" an office could be. They're now relegated to normal companies...and their output over the last few years show a set of companies with few stand-out winners. Do you really want to slog through a tough CS degree and a 4-5 stage interview process requiring months of prep to work on Google Docs, or work hard for years only to be woken up every night for a whole week because Amazon Fashion is suffering downtime, all while VP's move to different departments in a blindingly obvious move to avoid department shutdowns and being associated with mass job losses?

IMO, if Google stick with Sundar, and Amazon stick with Jassy, they are done. They'll lose their status and go into slow decline over the next decade.

• Pichai ignores the fact that part of the reason the pay is so well at Big Tech is that they’re paying you to not have ethics. His failure to understand that is gonna seriously hurt Google.
• Looking for cheaper labor.. in Germany? Where worker protections are WAY stronger than in the US? Lol. (That’s not a shot at Germany. That’s commentary on American labor protections, or lack thereof).

Its not a death spiral but a typical downturn caused by poor leadership. nothing hard for a capable board to rectify.

At googles core their business model could still stomp the competition with capable leadership. AI is simply not the disruptor being marketed.

Dunno where I saw the headline but supposedly big tech isnt the place fresh graduates dream of going to as their first place.

Google is too big to fail. Yes they'll lose a lot of customers and products but they only need to keep the ads and maybe google cloud engine running. Everything else is irrelevant until Google.com becomes irrelevant.