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.

    • cayde6ml
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      2 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.

      • QueerCommie
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        2 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.