Tag: lay offs
Google Lay Offs or Google Rumor?
by Philip on Nov.25, 2008, under Business, Technology, google, recession, web
Google`s stock plummeted this year
News have been traveling around the circles recently that Google is looking to shave down some expenses. Today, this article floated up to the top.
Considering the rate that Google have expanded over the past few years, this one wouldn’t sound too surprising to me. The way they would go about those lay offs don’t sound too far fetched either. Google has accrued an army of System experts, whether Computer Systems or the Legal System. But to think that they would lay off approximately half of their workers is a hard to imagine– the Google today is an Android compared to its RoboSapien past. Having ½ of Googlers running the show would be a bit too skeletal. Then again, with GOOG losing more than half of its Market Cap over the past year, only the brainiac Googly bean counters would know best just how many heads would need to roll.
Internet Ad spending has been contracting at a rapid race, not just because of the economy, but the direction that the ‘net is going toward. (I will talk about this topic some other time) I wonder if Google Trends is picking this up?
Regardless of its validity, it will be interesting to see how Eric, Larry and Sergey have in store to steer the Googlybot through this downturn.
