It was announced today that google is laying off 100 or so employees. This must be a sign of economic apocalypse right?
From the Google Blog:
"As we made clear during our last quarterly earnings call in October, Google is still hiring but at a reduced rate. Given the state of the economy, we recognized that we needed fewer people focused on hiring.
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 and reduce the overall size of our recruiting organization by approximately 100 positions.
We know this change will be very difficult for the people concerned, and we hope that many of them will be able to find new roles at Google. They helped build this company, new hire by new hire, and we are enormously grateful for everything they have done.
Posted by Laszlo Bock, Vice President, People Operations"
Thursday, January 15
Now... I know we're screwed. Google layoffs...
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1 comments:
If you can't grow, what are you worth? Business is about allocating resources to growth opportunities, and layoffs indicate you can't grow. Layoffs are an admission of no growth plans, and that means you are heading straight into the Swamp. Read more at http://www.thephoenixprinciple.com
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