Many Parts of Google Lose Money
3 months ago: Google's Debt Has Increased and 'Cash on Hand' Fell by 22.27% This Past Year
Google's debt for the end of 2024 (2024-12-31
) will soon (but just not yet) be published. The stock is up, but results were a "miss" and Google still fails to talk about actual profitability - not revenue - in units like YouTube. Overall YouTube losses (or actual income, not revenue) are like a company secret, but the behaviour of the company is revealing. It has been targeting Invidious rather viciously lately (even instances that use VPNs barely work anymore). Now there are talks about mass layoffs (also managers impacted), "voluntary" layoffs (sort of like "voluntary" euthanasia), and various company-wide cuts.
Google isn't doing as well as it signals to shareholders.
It's quite apparent that many parts of Google - even some that rely on ad revenue or push ads - aren't profiting. They're basically experiments like Google+ and Google Reader were. █