HomeNewsOpinionLayoffs alone won’t solve tech’s problems

Layoffs alone won’t solve tech’s problems

Talk of “efficiency” might please investors for a while, but companies will need to make deeper changes to their culture to thrive long term

Parmy Olson
February 08, 2023 / 15:57 IST
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Google Inc, owner of the world's most popular search engine, reported an increase in first-quarter profit after cutting jobs and jettisoning some businesses. Net income was $1.42 billion, or $4.49 a share, compared with $1.31 billion, or $4.12, a year earlier. (Photo by Tony Avelar/Bloomberg via Getty Images)
Google Inc, owner of the world's most popular search engine, reported an increase in first-quarter profit after cutting jobs and jettisoning some businesses. Net income was $1.42 billion, or $4.49 a share, compared with $1.31 billion, or $4.12, a year earlier. (Photo by Tony Avelar/Bloomberg via Getty Images)
Parmy Olson is a Bloomberg Opinion columnist covering technology. Views are personal, and do not represent the stand of this publication.
first published: Feb 8, 2023 03:57 pm

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