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Jan 20, 2023 / Sundar Pichai
Letter from Google CEO to Employees: 12,000 jobs to be cut
Googlers,
I have some difficult news to share. We’ve decided to reduce our workforce by approximately 12,000 roles. We’ve already sent a separate email to employees in the US who are affected. In other countries, this process will take longer due to local laws and practices.
This will mean saying goodbye to some incredibly talented people we worked hard to hire and have loved working with. I’m deeply sorry for that. The fact that these changes will impact the lives of Googlers weighs heavily on me, and I take full responsibility for the decisions that led us here.
Feb 19, 2026 / Patrick Barron
A Missed Opportunity in Munich
Do not be surprised if the audience’s applause to Rubio's speech turns out to be short lived. He offered nothing new and much that would result in less security for its members.
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Feb 19, 2026 / Tyler Durden
Blue Owl Plunges After Halting Redemptions On Private Credit Retail Fund
Blue Owl Plunges After Halting Redemptions On Private Credit Retail Fund
Things are getting from bad to worse for Private Credit giant Blue Owl Capital.
The last time we looked at the firm's precarious liquidity situation about a month ago, we found that the Blue Owl BDC would allow for 17% redemptions as investors, burned by both the tumbling stock price and the company's massive exposure to ticking private credit time bombs, were storming for the exit.
Blue Owl BDC Allows for 17% Redemptions as Investors Storm Exit: BBG
— zerohedge (@zerohedge) January...
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