First, if that is your goal then you really should use the actual available numbers target than make your own guesses that have a ludicrously large range.
Second, it is actually comparatively rare for big companies to have enough capital for years of runway. They plan to pay the salaries with their revenues, not with reserves. If companies really did planning the way you're implying ("big reserves aren't much if you need to keep the company afloat"), most the S&P 500 would be firing half their staff. So when you have a look in the financial reports for how large Google's expenditures are, have a look also at their revenue and operating income.
Third, the narrative you're trying to build is just utter bullshit. I'm sure there are good economic arguments to be made for these layoffs. And there are other companies for which company survival would be a good argument. But in this particular case, the idea that it is about company survival is just completely detached from reality. The company is still, as of the last released numbers, fabulously profitable.
jsnell|3 years ago
First, if that is your goal then you really should use the actual available numbers target than make your own guesses that have a ludicrously large range.
Second, it is actually comparatively rare for big companies to have enough capital for years of runway. They plan to pay the salaries with their revenues, not with reserves. If companies really did planning the way you're implying ("big reserves aren't much if you need to keep the company afloat"), most the S&P 500 would be firing half their staff. So when you have a look in the financial reports for how large Google's expenditures are, have a look also at their revenue and operating income.
Third, the narrative you're trying to build is just utter bullshit. I'm sure there are good economic arguments to be made for these layoffs. And there are other companies for which company survival would be a good argument. But in this particular case, the idea that it is about company survival is just completely detached from reality. The company is still, as of the last released numbers, fabulously profitable.