Google Layoffs 10,000 Jobs Being Cut
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Re: Google Layoffs 10,000 Jobs Being Cut
In announcing its results for the third quarter of 2008, Google said, without specifying balance its operating costs. According to sources the magazine WebGuild California, pretty well under this formula is in fact hiding up to 10 000 layoffs. Seemingly unshakeable, the Internet giant is starting to show some signs of weakness, like its competitor Yahoo, difficulties in the past few months.
Google officially employs just over 20 000 employees, which have in fact added 10 000 temporary employees (interim equivalents and short-term contracts) which, being renewed or by changing position regularly, are not included in the Official breakdown. The company was able to remain discreet about the layoffs as it must communicate as those of its permanent staff. It has already been quietly dismissed several hundred temporary employees, according to sources WebGuild.
Facing the context of economic crisis that affects particularly advertising, its main source of income, the leader of the research have decided to reduce the number of employees. When contacted by the American press, the spokesperson Jane Penner refused to indicate in detail how many positions would be affected, admitting however that it was "planned for some time to significantly reduce that number. "
The Internet giant is ultimately less spared by the economic downturn there seems, reflected the closure of some annexes as the virtual world Lively. It remains to be seen how the stock market will react.
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