The employee cull appears to be paying off for Big Tech growth

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The employee cull appears to be paying off for Big Tech growth
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announced a year-on-year increase in revenue of 7% to $52.9 billion in the three months to March, while Google announced a 3% increase in revenue over the period to $69.8 billion. Their respective cloud businesses were key drivers of revenue growth, despite both conducting layoffs in those divisions.

"Sometimes there are areas to make progress [where] you have three people making decisions, understanding that and bringing it down to two or one improves efficiency by 20%,"The jobs cull has been brutal, and affected workers may rightly place the blame on the CEOs who are now axing them.

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