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Google confirms it just laid off around a thousand employees - The Verge
(www.theverge.com)
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this post was submitted on 11 Jan 2024
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Technology
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Supposedly a deeply unprofitable one. Which is a huge chunk of why no real competition has surfaced.
It's one thing to set up a proverbial store with prices so low you choke out the competition. It's another thing to essentially pay your customers to come in, either by literally paying them or by providing a service that they pay below actual cost for.
That's probably why it's getting enshittified so quickly.