Google makes first ever job cuts

By
Follow google news

Google has made its first ever redundancies, following its successful acquisition of DoubleClick..

Google makes first ever job cuts
Google has made its first ever redundancies, following its successful acquisition of DoubleClick.

The 300 losses represent about a fifth of the DoubleClick workforce, and are solely in the US.

However, Google warned that there may be more cuts as the search giant reviews DoubleClick's operations outside the US.

"Since our acquisition of DoubleClick closed on 11 March we have been working to match and align DoubleClick employees in the US with our organisational plan for the business," said Google in a statement.

"As with many mergers, this review has resulted in a reduction in headcount at the acquired company."

Google chief executive Eric Schmidt had warned about the probability of job cuts last month as part of the merger process.

The company has also said that it wants to sell off a DoubleClick operation called Performics Search Marketing as this conflicts with Google's existing business.
Got a news tip for our journalists? Share it with us anonymously here.
Copyright ©v3.co.uk
Tags:

Most Read Articles

CBA finds its first chief AI officer

CBA finds its first chief AI officer

CBA's group CIO of three years to exit in December

CBA's group CIO of three years to exit in December

DTA: 'APS digital workforce needs to double by 2030'

DTA: 'APS digital workforce needs to double by 2030'

Defence to bring on trainee software engineers from Microsoft-supported program

Defence to bring on trainee software engineers from Microsoft-supported program

Log In

  |  Forgot your password?