Description: Google might be a cash generator, but that doesn’t stop the tech giant from cutting hundreds of staff loose in an effort to satisfy shareholders or some other objectives. Google framed the move as “responsibly investing in our company’s biggest priorities and the significant opportunities ahead.” The employee union used different language, characterizing the job losses as “another round of needless layoffs.”
Date: January 11, 2024
Source: ctvnews.ca
Discussion points:
1) What percentage of your classmates are users of Google’s hardware?
2) Does news of job cuts by large employers like this one have any impact on your career choices as you move towards graduation?
3) In the article on Google from ctvnews.ca, we read that the layoffs will “target hardware, voice assistance and engineering teams.” According to a study referred to on page 2-4 of Wiley’s Managerial Accounting: Tools for Business Decision Making what percentage of product costs can be attributed to direct labour?
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