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Google offers 'voluntary' buyouts to hardware and platform teams

5 pointsby contingencies3 months ago

2 comments

dang3 months ago
<i>Google offers &#x27;voluntary exit&#x27; to all US platforms and devices employees</i> - <a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=42893463">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=42893463</a> - Jan 2025 (41 comments)
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SavageBeast3 months ago
This is the playbook of a company moving from &quot;Growth&quot; to &quot;Maturity&quot;. Of note:<p>In August 2024, Alphabet announced a quarterly dividend of $0.20 per share, totaling $0.80 annually, resulting in a dividend yield of approximately 0.39%<p>At current that would mean Alphabet&#x27;s annual dividend payout is approximately $9.8112 billion.<p>Now the game is to pay that dividend, incentivize people to hold the stock and reduce volatility. A dividend stock company behaves very differently than a growth stock company.<p>Whats really frightening here is that a company like Google looks into the future and sees bad prospects for growth.
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