Technology

60071 readers

3536 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 2 years ago

MODERATORS

[email protected]

637

Google lays off hundreds of 'Core' employees, moves some positions to India and Mexico (www.cnbc.com)

submitted 7 months ago by [email protected] to c/[email protected]

147 comments fedilink hide all child comments

Google is laying off more employees and hiring for their roles outside of the U.S.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 18 points 7 months ago

Yup, and that's why monopolies are bad. Once you get a dominant position, the way to increase profits is by abusing your market position. And publicly traded companies need to increase profits because that's what shareholders expect.

In this case, reducing the quality of search means people need to search more often, which means they see more ads. As a double-whammy, if you improve the relevance of the ad results while reducing the relevance of the regular results, you get more click-through on the ads. So Google has little incentive, while it has a dominant position, of having a good search product. They'll only care again if that dominance gets threatened.