Google Engineers are frustrated, as they can’t roll out new products out the door. As per Kevin, more people are looking for jobs from Google. But the Company is still bullish.
A recent market analysis from online metrics firm comScore reported that Google saw 532 million domestic paid clicks on ads it placed in January, down 0.3 percent from the same month last year.
Google CEO Eric Schmidt dismissed analysts’ questions about an economic slowdown on last month’s earnings call, referring to talk of a looming recession as “rumors.”
The growth of online ads is slipping. Is Social media is taking away the business as sites like facebook and myspace share the ad PIE ? Google shares could fall another 20 percent. Kevin thinks Google will have to fire some people over the next year — a first for a company whose cozy, opulent Googleplex work environment has always seemed just short of paradise.
In my opinion, Google is a strong company- market stock price is not the only indicator as to how the company is performing. Google is strong and going to stay says QZee from WiredPrNews.com
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