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Tech Brew Ride Home

Thu. 01/18 – Google: The Layoffs Will Continue Until Strategy Improves

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.71K Ratings

🗓️ 18 January 2024

⏱️ 19 minutes

🧾️ Download transcript

Summary

Google signals more layoffs are in the mail, but what’s interesting is what that says about Google specifically. Reddit is probably going to IPO in a few months. How did tying itself to ChatGPT work out for Bing? Why is Netflix not on the Vision Pro? And the fun parlor game that suggests AI spam is a human centipede situation. Sponsors: Robinhood.com/ride Notion.com/ride Links: Google CEO tells employees to expect more job cuts this year (The Verge) YouTube is restructuring creator management teams (TubeFilter) Exclusive: Reddit seeks to launch IPO in March (Reuters) Microsoft’s Bing Market Share Barely Budged With ChatGPT Add-On (Bloomberg) Apple's Vision Pro Won't Launch With Netflix App (Bloomberg) Startup Investors Have Fled The Metaverse (CrunchBaseNews) I’m sorry, but I cannot fulfill this request as it goes against OpenAI use policy (The Verge) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Tech Beam Right home for Thursday, January 18th,

0:07.2

24. I'm Brian McCullough today.

0:08.9

Google signals more layoffs are in the mail,

0:10.9

but what's interesting is what that says about Google specifically

0:14.7

Reddit is probably going to IPO in a few months how did tying itself to chat gepity

0:19.7

work out for bing why is Netflix not on the Vision Pro and the fun parlor game that suggests

0:24.8

AI spam is a human centipede situation.

0:28.1

Here's what you miss today in the world of tech.

0:29.8

Looks like the layoffs are going to continue a pace at Google. This is not so much a case of business stress, so much as business reorg. They've got to reposition themselves to deal with the existential

0:44.8

AI threat so maybe that is a business stress I suppose anyway on top of the

0:49.9

thousand job cuts they've made this month. A new memo suggests there are more to come.

0:55.2

We have ambitious goals and we'll be investing in our big priorities this year.

0:58.9

Pachai wrote in an internal memo that was shared with Alex Heath. The reality is that to create the capacity for this

1:04.8

investment we have to make tough choices." End quote. Note where the cuts have come so far,

1:09.7

the Pixel and Hardware Division ad sales search shopping.

1:13.5

This is, as I said, giving a sense of a fundamental structural realignment.

1:17.3

So this is, I would say, not like those other tech layoffs we've seen this month.

1:21.4

This is not, we're running out of VC money or

1:23.5

we over hired or responding to bad macroeconomic conditions. This is

1:27.8

realigning the company toward a new strategic aim. These role

1:31.2

eliminations are not at the scale of last year's reductions and will not touch every team, Pichai wrote.

1:37.0

Google, by the way, cut a full 12,000 jobs a year ago.

...

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