Microsoft and Google started to cut jobs
By Daniel at 14 January, 2009, 10:31 pm
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In sign of times, Google makes rare round of layoffs
SAN FRANCISCO (MarketWatch) - Google Inc., the Silicon Valley powerhouse best
known for hiring aggressively and lavishing employees with perks, disclosed
Wednesday that it is cutting roughly 100 jobs.
Google said in an online posting that the layoffs are coming from the company’s
(GOOG) “recruiting organization.”
“Given the state of the economy, we recognized that we needed fewer people
focused on hiring,” Google vice president of people operations Laszlo Bock wrote.
“Our first step to address this was to wind down almost all our contracts with
external contractors and vendors providing recruiting services for Google.
However, after much consideration, we have with great regret decided that we need
to go further,” Bock wrote.
Google spokesman Matt Furman said the 100 employees laid off represent “less than
25% of the total recruiter workforce.” In October, Google reported having 20,123
employees as of Sep. 30.
As recently as October, when Google last posted quarterly financial results, the
company reported that it had been hiring despite the down economy, albeit at a
slower pace.
Google had previously drawn criticism from some Wall Street analysts for hiring
in numbers perceived as excessive during some periods.
Microsoft considering job cuts: WSJ
SAN FRANCISCO (MarketWatch) — Microsoft Corp. is considering cutting a
significant number of jobs as early as next week, according to a media report
late Wednesday. The online edition of The Wall Street Journal, citing unnamed
sources, reported that plans for the job cuts are still in flux and the company
may yet find other ways to cut costs. Rumors of significant job cuts at Microsoft
have been circulating for weeks, as analysts say it has struggled with flagging
sales of computers containing its products. Microsoft is expected to report its
fiscal second-quarter financial results next week.
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