Google, along with rest of FAANG are massively over staffed, which they could get away with in a zero-interest rate economy when money was super-cheap, but not anymore.
They could all cut 70%+ without significantly hurting their revenue growth, which makes all the economic sense in the world in the current environment.
"Its just money; its made up. Pieces of paper with pictures on it so we don't have to kill each other just to get something to eat. It's not wrong. And it's certainly no different ..."
Because if we aren't back to 0% in ~2 years the government will be doing its job without money, proverbially killing people just to get something to eat.
So I guess, given your comment as that being the cause of huge wages, that's great news for most people here!
Short-term, maybe. But as things start to fall apart, their revenue would surely stop to grow at the same rate.