> They don't need to fire anyone. They just want to.
Why would they want to?
If they make so much money, why fire a few people for a massive amount of bad PR?
So seem to know the reasoning. Enlighten us please.
Everyone's doing it, we might be in a recession, now is the best time. Their announcement both follows a trend and gets lost in the noise, it doesn't stand out as possibly bad management.
Plus someone was saying that it reduces inflationary pressures for employees. I.e. you put a lot of people out on the job market and you scare others inside the company, who are now suddenly happy to still have a job, ergo they stop asking as much for raises or for high salaries when they apply.
> Why would they want to?
Then enlighten me how a <<hugely>> profitable business needs to <<layoff>> large percentages of its workforce???
Its not bad PR when the narrative has already been set. This is a very opportunistic move at cost reduction that would have been scrutinized heavily under regular circumstances.
Because Google employees are really really expensive, and this won't generate a massive amount of bad PR because everyone is doing it. It's the ideal time to sack of employees you don't want.
Plus someone was saying that it reduces inflationary pressures for employees. I.e. you put a lot of people out on the job market and you scare others inside the company, who are now suddenly happy to still have a job, ergo they stop asking as much for raises or for high salaries when they apply.
> Why would they want to?
Then enlighten me how a <<hugely>> profitable business needs to <<layoff>> large percentages of its workforce???