#google hriing

All these time that competing company Yahoo has been announcing layoffs after layoffs, no new has beens heard about Google's status and its roster of employees. Then, there's the rumor that caught fire last Monday -- about 10,000 contractors are affected by Google layoffs. According to an SEC filing, Google reported 20,123 employees by end of September 2008. Google classifies the ~10,000 of the employees as temporary operational expenses or “workers”. Google co-founder Sergey Brin said, “There is no question that the number (of workers) is too high” {via}. From a CNet article, Google spokeswoman Jane Penner vaguely confirmed that: "We have 10,000, and we have had a plan in place for awhile to significantly reduce that number. It predates the most acute phase of the (present economic) crisis." Just like any other publicly listed company these days, Google shares have been sliding down in the last 6 months -- hitting an all-year low of of $247 (from a high of $724.80). Google has introduced new search features and upgrades powered by AI technology across its platform. Read more in our articles including "Google sheds some fat -- up to 10,000 people" and "Google intros new search features powered by AI".