Google has announced a massive $70 billion stock buyback spree. The corporate giant has also laid off hundreds of workers this month. - ThreadSky

moreperfectunion.bsky.social • 1 day ago

Google has announced a massive $70 billion stock buyback spree.

The corporate giant has also laid off hundreds of workers this month.

Comments

lilenikoloski.bsky.social•19 hours ago

Ye, that’s what this is all about.

lupmixy.bsky.social•22 hours ago

don't be evil (wink wink nudge nudge)

joe1134206.bsky.social•21 hours ago

All their products are melting away into a pile of shit and we wonder why

malevolentappendix.bsky.social•1 day ago

What is the point of money anymore? What is 70 billion dollars? One company has 70 billion dollars in profit to distribute to its shareholders? How many people would that money lift out of poverty? Can we just stop with money? Why do we need money anymore?

wokeazzdeadhead.bsky.social•21 hours ago

And the motherfuckers want 1.99 a month to give me back the space their app takes without y permission ,fuck Google .

dawnmica.bsky.social•21 hours ago

📢 Hello we are announcing that we're screwing over our workers and instead we're gaming the market fuck the working class 📢

joefink53.bsky.social•21 hours ago

Another scheme of St Ronnie of Glendale... illegal for most of the 20th century considered a form of market manipulation, made legal in 1982...

vavnik.bsky.social•22 hours ago

Antitrust inquiry it is.

bgbell.bsky.social•22 hours ago

The AI work revolution has begun

vynxxgaming.bsky.social•8 hours ago

Americans have no idea what stock buybacks are, and that's honestly one of the main reasons we're in this mess to begin with. If people knew how bad Capitalism was or how Neoliberalism affected them, then we would be in a much better position entirely.

thenewnucleus.bsky.social•21 hours ago

Yeah, duh, you buy stock when the market tanks. They just made their investors that much richer. What, you didn’t believe something naive like the economy is supposed to work for people, did you?

itsdaniemeka.bsky.social•1 day ago

It’ll never be enough.

chadwjames.bsky.social•1 day ago

Monopolies can afford to do that.

lapsedhumanist.bsky.social•1 day ago

A timely reminder to move away from Google entirely. If anyone has a step-by-step guide on how to decouple from Google, I am all ears.

bitchinpost.bsky.social•20 hours ago

I am. I’m using Duck, Duck, Go for browsing, but if I’m looking for images (I’m an artist always looking for references) I go with BING.

I like them both.

If you question Google’s tendency to censor the truth for Trump?

Look us Gulf of Mexico on Google.

I’m sure that’s not all that’s wrong.

whynotaduck.bsky.social•5 hours ago

I’ve been using Duck Duck Go for years and I love it.

I also mostly use Safari rather than Chrome.

bitchinpost.bsky.social•3 hours ago

Me too.

bitchinpost.bsky.social•5 hours ago

*up

patriciaart.bsky.social•1 day ago

Funny how those 2 things work together.

denikawhite.bsky.social•21 hours ago

i switched to duckduckgo awhile ago.
i don’t even like using the term “google” as a replacement for search anymore lol

petemellows.bsky.social•21 hours ago

Same. Sometimes I even correct people who tell me to google it 🙄

denikawhite.bsky.social•21 hours ago

so i’m not the only one 😂

calgah.bsky.social•21 hours ago

jasdoutho.bsky.social•20 hours ago

Anyone: Facebook and Twitter are out of control.

Google: You forgot about us, didn’t you?

saintarray.bsky.social•1 day ago

Lmao the flow of money from workers to owners is going harder than waters rushing through a broken dam.

laborism.bsky.social•20 hours ago

We should change the rules governing corporate articles to fix how they are governed, and adopt a laborist policy to change their fundamental incentives. https://laboristmovement.substack.com/p/changing-corporate-board-composition

bigruckus8.bsky.social•21 hours ago

They can buy my stock for $70 billion

praisethe-sun.bsky.social•1 day ago

For USA workers wondering how all the wealth they generate is given to the rich. Stock buybacks are how.

houfek.bsky.social•17 hours ago

A company that big lays off hundreds of workers any given month.

beccasmullet.bsky.social•1 day ago

A simple and easily-justifiable change to the tax laws could end these stock-buyback abuses once and for all!

big-steppa.bsky.social•21 hours ago

Google is a piece of useless shit

ezmrcz.bsky.social•22 hours ago

People are too expensive to fairly compensate!

almo2001.bsky.social•21 hours ago

Stock buybacks should still be illegal.

joefink53.bsky.social•21 hours ago

Spot on!
Another scheme of St Ronnie of Glendale... illegal for most of the 20th century considered a form of market manipulation, made legal in 1982...

zanemfannin.bsky.social•21 hours ago

We need to make Ronald Reagan‘s tomb a public toilet.

joefink53.bsky.social•21 hours ago

He was responsible for so much of our economic problems, using the hatred of others to set it into motion...

oldandsharp.bsky.social•20 hours ago

They had workers??? Wouldn't know it. Never got any help with problems.

archietuliploki.bsky.social•21 hours ago

Remember when a bunch of nitwits thought they are progressive and should take over the world

neil-1936.bsky.social•21 hours ago

The rich need their bonuses. The workers can go pound salt! Typical American corporation!

hopedosedskullcup.bsky.social•21 hours ago

Cashing out.

Should be illegal

coldwarsurvivor.bsky.social•7 hours ago

The system for the wealth class is working as intended

judemckenna.bsky.social•1 day ago

Greed is a disease that’ll kill us all unless we fight it.

legurdah.neocities.org•1 day ago

Those pigs in suits are (legally) cheating at the game, and they know it.

alpha-aurora.bsky.social•16 hours ago

People y’all need to use duck duck go

christinevn-hfe.bsky.social•21 hours ago

Stock buybacks should be banned ! Deliberately inflating the corporate value to boost CEO outrageous salaries !

biterabbit.bsky.social•1 day ago

Fk Google!

mdmcdaniel.bsky.social•1 day ago

Of course

stuckboy.bsky.social•1 day ago

I love when companies buy themselves to keep their stock price from free falling.

clichejames.bsky.social•21 hours ago

@warren.senate.gov @ossoff.bsky.social @warnock.senate.gov @aoc.bsky.social @sanders.senate.gov

Make stock buybacks illegal again

They are naked market manipulation and add no value to the economy

weareluigi.bsky.social•21 hours ago

Sometimes I’m concerned that this is all a giant cash grab by the billionaires in preparation for a disaster they haven’t told us about. But then I remember they are just greedy assholes who will never be satisfied.

archietuliploki.bsky.social•21 hours ago

They are planning on mass killing humans instead of trying to limit planet destruction

weareluigi.bsky.social•21 hours ago

They are certainly getting that project started with a bang… or a measles outbreak if you will.

mazterofpuppetz.bsky.social•1 day ago

Should be so illegal. Fucking rich people getting more rich by gaming the system.

sfortin.bsky.social•1 day ago

It WAS illegal.

mazterofpuppetz.bsky.social•1 day ago

I am aware

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