Googler here! Opinions are my own.

Google has ~194,000 employees, up nearly 10,000 from last year [1]. A company this size is constantly losing / firing employees, and simultaneously hiring new ones. A company this size is also constantly reorganizing, cutting departments and creating new ones. On any given day there may be as many as a hundred employees losing their job and another hundred joining.

To my recollection, since the 2023 layoffs—where >10% of the company was let go and hiring was basically stopped—Google hasn't done anything even remotely similar to this.

That said, a layoff like that can definitely affect company culture for a few years, so yeah, your point is taken there.

[1]: https://www.sec.gov/Archives/edgar/data/1652044/000165204426...