[OC] How Google makes money (its 2022 income statement visualized as a Sankey diagram)davispw t1_j7gbzzg wrote
Reply to comment by Some-Imagination9782 in [OC] How Google makes money (its 2022 income statement visualized as a Sankey diagram) by IncomeStatementGuy
I mean, this is the “wall street” answer. Could they have burned some of the $0.1T cash on hand to ride out the dip in the economy? Why did they hire so much, and continue to hire even after it was clear things were slowing down in 2022? Why wouldn’t a hiring freeze + attrition and internal transfers have been enough?
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