651
Google layoffs: Sundar Pichai-led company fires entire Python team for ‘cheaper labour’
(www.hindustantimes.com)
this post was submitted on 29 Apr 2024
651 points (97.9% liked)
Technology
59243 readers
3422 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Just for the sake of comparison, Alphabet had $308 billion in revenue and $74 billion in profit in 2023 if I’m reading the numbers correctly. But they need cheaper labour.
Publicly traded companies do not have a duty to pay their workers, they have a duty to pay their shareholders and to maximize profits.
If you can get the same job done overseas for less money why would you pay american labor? what's the benefit?
Not saying I like the system, just saying that's how it is. Gotta have some kind of fine or penalty for outsourcing, offshoring and 1099 contracting labor if you really want to fix it.
Shit should be changed but the majority election system is funded by the ownership class who greatly benefits from this not changing.