From the article:

“How do I say it?” Pichai began his measured response. “Look, I hope all of you are reading the news, externally. The fact that you know, we are being a bit more responsible through one of the toughest macroeconomic conditions underway in the past decade, I think it’s important that as a company, we pull together to get through moments like this.”

Basically they are gonna downsize despite sitting on a mountain of cash. Apparently this is because of the macroeconomic climate and slow growth. Could just be an excuse but it seems believable there is some truth as well.

  • @ledward
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    2 years ago

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      • @ledward
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        • @cayde6ml
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          62 years ago

          Eh. I can conceptually imagine a socialist version of Amazon powered by renewable energy and making efficient use of resources and letting employees have their labor rights. Capitalism is the primary problem with Amazon.

          • @ledward
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          • QueerCommie
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            62 years ago

            Another reason why capitalism makes Amazon problematic is the consumer culture. In socialism people should still be able to get things in just a few days, they should just have less of a want for unnecessary things.

    • @mylifeforaiur
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      142 years ago

      I’m sure he also won’t be downsizing any of his multi-million dollar mansions.

  • JucheBot1988
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    252 years ago

    Meanwhile in the People’s Republic: vast material abundance go brrr