Google Lays Off 200, Mostly in Advertising Sales
Google is cutting about 200 employees in its second round of layoffs. “The latest layoffs are concentrated in the division that sells Google’s advertising. In a blog posting, Google said it had hired too many employees doing the same jobs during its rapid expansion.” This is about 1% of of Google’s 20,200 employees. This past year, Google earned $4.2 billlion on revenues of $22 billion.
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