Google Layoffs Won’t Save GOOG Stock in 2023

InvestorPlace2023-01-25

On Jan. 20, Google parent Alphabet(GOOG, GOOGL) announced plans to lay off a total of 12,000 employees.This move will result in cost savings, but not as significant as you think.Furthermore, this move...

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Comments

  • Khoo12
    2023-01-25
    Khoo12
    Ok
  • SL1977
    2023-01-25
    SL1977
    12000 is a lot of cuts and bottom line will improve. The talk of open AI is just as impractical now as it is. Please go try the ChatGPT to understand why i say even give it 10 years it won't rival google. To be honest it is just a way for big tech to swoop in tobuy up some useless startups. 
  • Andrewinho
    2023-01-25
    Andrewinho
    😱😱😱
  • LimBT
    2023-01-25
    LimBT
    Ok
  • valentia
    2023-01-25
    valentia
    Just wait and watch. Narrative is just an opinion 😂. I'm confident to put my money 💰
  • BigBeef
    2023-01-25
    BigBeef
    No dividends, not much spent on R&D. Just useless stock buybacks. Cannot even vote with the stock. Great company but shareholder value looks pretty bad.
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