NEWS CATEGORIES:



NEWS ARCHIVE >>
SOFTPEDIA REVIEWS >>
MEET THE EDITORS >>
Home / News / Webmaster / Google News

Google News


Google to Fire 300 Employees

Due to the DoubleClick acquisition

By Bogdan Popa, Security and Search Engines Editor

3rd of April 2008, 21:31 GMT

Adjust text size:


x300
Enlarge picture
Google acquired DoubleClick, an important name on the online advertising market, for $3.1 billion and along with the finalization of the transaction, the Mountain
View company will also impose a few major changes. One of them is quite bad news for some Googlers because no less than 300 employees will be fired due to the Google-DoubleClick mix. According to PC Pro, a Google official has explained the decision as an "inevitable side effect of a large acquisition." And it was a large acquisition since Google paid that much for a company which also captured the attention of other giants such as Microsoft or Yahoo.

"As with many mergers, this review has resulted in a reduction in headcount at the acquired company. Today, we are laying off some DoubleClick employees in the U.S. and placing others in transitional roles," the Google spokesperson told PC Pro. "This process is ongoing and we have nothing to add at this stage but any decisions will be made in accordance with local law," he added referring to the DoubleClick employees which currently work outside the country.

Moreover, the company plans even more changes, according to a blog post published by Tom Phillips, Director, DoubleClick Integration.

"We plan to integrate the affiliate marketing business into existing Google operations, providing enhanced value and reach for our affiliate advertisers, and additional tools and monetization opportunities for our publishers. Together, we believe that we can continue to grow this business and deliver on the high expectations from partners," he wrote.

In case you didn't know, although it's impossible since it's a famous case, Google has acquired DoubleClick after the European Commission investigated the transaction. The EU officials decided to analyze the terms of the deal after Microsoft, Yahoo and some other companies complained that a potential Google-DoubleClick acquisition would smash the competition and infringe the antitrust laws.

TAGS:

google | doubleclick | employee
Read by 1,931 user(s) | Add comment | Link to this article TWEET THIS


Article rating:
Good (3.2/5) 7 vote(s)    

Subscribe to news | Print article | Send to friend

© Copyright 2001-2009 Softpedia
Contact:

 

 

SEARCH THE NEWS ARCHIVE :




Today's News
| Yesterday's News | News Archive


MORE RELATED ARTICLES:


Yahoo! to Increase Revenue by 72%

Microsoft Throws Buckets of Money at the Google Monopoly

Microsoft, Read It and Weep: DoubleClick Deal to Be Approved!

AdSense Terms and Conditions Updated

Super Google Growth

Will the IP be Considered Private Data According to the Law?

User opinions:

No user comments yet.
Be the first to express your opinion using the form below!

Share your opinion:

Your Name:
Your Email Address:
(will not be used for commercial purposes)
Solve this to prove you're not a bot: =
Your review/opinion:

 




Windows tabGames tabDrivers tabMac tabLinux tabScripts tabMobile tabHandheld tabGadgets tabNews tab

SUBMIT PROGRAM   |   ADVERTISE   |   GET HELP   |   SEND US FEEDBACK   |   RSS FEEDS   |   ENTER NEWS SITE   |   ENGLISH BOARD   |   ROMANIAN FORUM