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Google layoffs: Sundar Pichai-led company fires entire Python team for ‘cheaper labour’
(www.hindustantimes.com)
this post was submitted on 29 Apr 2024
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Out of curiosity, does anybody know how big was the team?
Python team was ~10 people I think
10 * 350k of total comp is 3.5 million dollars... guessing the german counterparts probably get 120k of total comp so only 1.2 million dollars, assuming it's 1:1 staff swap.
Never heard of american software engineers at FAANG getting anything less than superstar sf bay wages, never heard of crazy wages in all of the EU for any kind of worker.... but maybe someone can correct me on the german team's salaries.
Just for the sake of comparison, Alphabet had $308 billion in revenue and $74 billion in profit in 2023 if I’m reading the numbers correctly. But they need cheaper labour.
Publicly traded companies do not have a duty to pay their workers, they have a duty to pay their shareholders and to maximize profits.
If you can get the same job done overseas for less money why would you pay american labor? what's the benefit?
Not saying I like the system, just saying that's how it is. Gotta have some kind of fine or penalty for outsourcing, offshoring and 1099 contracting labor if you really want to fix it.
Shit should be changed but the majority election system is funded by the ownership class who greatly benefits from this not changing.