To me it shows that Google doesn't know how to generate significant revenue with those eight thousand people. I am worried it indicates Google is running out of good bets and has limited future growth.
Of course, the counter argument is that technology allows Google to do more with less people. I am not convinced by this argument, because Google's competition has about the same ability to do more with less people. If you can improve individual productivity than why not scale that across more people.
To summarize, this indicates to me that Google is reducing their value on human capital.
Of course, the counter argument is that technology allows Google to do more with less people. I am not convinced by this argument, because Google's competition has about the same ability to do more with less people. If you can improve individual productivity than why not scale that across more people.
To summarize, this indicates to me that Google is reducing their value on human capital.