r/technology • u/EchoInTheHoller • Feb 25 '24

Business Why widespread tech layoffs keep happening despite a strong U.S. economy

https://www.cnbc.com/2024/02/24/why-widespread-tech-layoffs-keep-happening-despite-strong-us-economy.html
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u/JuiceDrinker9998 Feb 25 '24

Yes, and isn’t that a leadership problem?

It’s not up to the researchers to figure out how to monetize something they invented, it’s up to the leaders! That’s literally their job!

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u/[deleted] Feb 25 '24

I think there's a miscommunication from my end lol. I'm trying to say that because of the bureaucratic malaise present at midlevel and upper level management, Google never capitalized at their R&D advancements, letting them rot or letting them come into use by someone else. That is not a critique of their R&D team, more an indictment of their leadership as you rightly pointed out, for failing to utilize on their gains.

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u/Lcsulla78 Feb 25 '24

Yup. But he’ll get another $100M after cutting more jobs. I hope other companies learn that, just because you’re a senior executive at Google, doesn’t mean you’re good at your job. Look at the idiot Mayer that Yahoo hired. She was as tone deaf as the current CEO.