Google Is Hurting!
Google is no longer enjoying the high life anymore. I was just reading that the worlds largest search engine company is laying off my employees, about 200. These layoffs are coming out of the sales and marketing departments. Layoffs coming out of Google is almost unheard of. In the 10 years they’ve been in business I don’t think they have ever laid off anyone. Just a year ago employees could work when they wanted, free rides to work and around the complex. Google even had a free lunch program for every employee. I would say that it seems that those days are over. With the times being so hard for businesses of all kinds their all cutting back on marketing. And when businesses cut marketing it hurts other businesses like Google. I think Google will be feeling the hurt in months to come as well. I say this because Google depends on marketing dollars. Marking revenue makes up over 95 percent of Google’s revenue. They kind of got all their eggs in one basket. Once they grow to the size they are now they should have gotten into a lot more, instead of remaining the top search engine. They should have looked at all the bad things Yahoo did, and try not to make the same decisions. But guess what, Google is making all the same bad decisions, which will hurt them down the road. They need to find new business ideas and stop worrying about being number one. Me personally I can careless if Google is number one or not, after all their just a search engine. If they where to lose a ton of money within the year it would not surprise me at the lease.