This is so terrible for their optics, Google used to work to cultivate their image so that an entire generation of young talent would've loved to work there, fast forward to now and that's all burned down and there's no respect left.
Now the best Google can expect from young pragmatic talent is that they'll have no real loyalty or trust in the brand, well respect is a two way street, this will almost certainly just accelerate enshittification across Google products and services.