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by tech_buddha 781 days ago
The layoffs and dividend are related -- the company's death rattle has been shaking a while now. Management is desperate to retain the confidence of the investor class.
3 comments

I think most companies would love to being "dying" like Google "is". Seriously, Google is not dying and making obviously false claims is not helpful.
I could give more credibility to an argument for "stagnating" over "dying". A lot of mature companies are still hugely profitable.
Speaking as a shareholder here, a 2 trillion dollar valuation warrants extraordinary justification. Past performance is no guarantee of future results. As the AI models get better and better at compressing the world's information, people will be going directly to their model of choice
> a 2 trillion dollar valuation warrants extraordinary justification

$320B annual revenue, 15% growth, $0.20 per share dividend and $70B share buyback.

Enough said.

And it’s very likely that for 90% of people their model of choice will be at the other end of the Google/Chrome search box
Top 5 most valuable company on earth

Massive YoY growth

Massive cash horde, buybacks, dividends

Target of endless legal actions due to market dominance

"death rattle"

TIL.Death Rattle is slang for Extremely Successful.
> death rattle

Stock up 16% after hours.

It is a death rattle. For the short sellers, that is.