Google sends mixed signals amid ad revenue slump
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Google's parent company, Alphabet, reported higher-than-expected profits yesterday, leading to a big stock buyback being authorized by CEO Sundar Pichai. However, that's a seemingly contradictory move to the extreme cost-cutting measures the company announced this year in response to a slowdown in ad revenue, including layoffs of over 12,000 employees. Plus, a look at how the airline industry is doing amid widespread delays and flight cancellations. And, why fire insurance is increasingly hard to come by for companies that conduct controlled burns to prevent wildfires.
Segments From this episode
Google is buying back stock...but also laying off thousands of workers?
Marketplace’s Kristin Schwab reports on how the tech giant is processing positive earnings news amid an ad revenue slowdown.
Prescribed burns need insurance. It's increasingly hard to get
Why companies that conduct controlled burns are having a harder time finding insurance policies willing to cover them.
David Brancaccio Host
Leanna Byrne Host, BBC
Kelly Silvera Executive Producer
Meredith Garretson Senior Producer
Erika Soderstrom Producer
Alex Schroeder Producer
Ariana Rosas Producer/Director
Jarrett Dang Digital Producer
Jesson Duller Media Producer
Nick Esposito Media Producer
James Graham Producer, BBC
Jo Critcher Producer, BBC
Olie D'Albertanson Producer, BBC