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Google confirms it just laid off around a thousand employees
(www.theverge.com)
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this post was submitted on 18 Jan 2024
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Technology
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Yep. A lot of these tech companies that have run in the red for years are now being called on to produce a profit and pay the big backers.
The funny thing is, that most of the one who do make a profit, do so by selling goods and services to those not making a profit, and if all the unprofitable ones disappeared the “profitable” ones would suddenly be unprofitable as well.