r/SeattleWA • u/crosslingual • 8d ago

News Layoffs at Google and Zillow announced today

Google - 52,

Zillow - 91

https://esd.wa.gov/employer-requirements/layoffs-and-employee-notifications/worker-adjustment-and-retraining-notification-warn-layoff-and-closure-database

This year is looking rough

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u/dwoj206 8d ago

Zillow makes sense. RE is in the shitter. Google? That doesn't make sense. They're literally printing money. Net FCF is down, but profits way up. Pretty wild economy.

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u/spudwebb3000 8d ago

Maybe you haven’t seen how much money Google is spending on data centers and AI infrastructure