Feeds

Google pink slips 300 Doubleclickers

Europe next?

  • alert
  • submit to reddit

Reducing security risks from open source software

Google is laying into newly acquired subsidiary Doubleclick by laying off 300 US employees - about a quarter of its US workforce.

The number of lay-offs at the ad-serving company come from the NY Times, rather than Google, which is not talking specifics. But in a drawer statement the company is pushing out to people who ask, it notes: "As with many mergers, this review has resulted in a reduction in headcount at the acquired company."

Quite, but Google is famous for hiring, not infamous for firing. However, times are tough, and Doubleclick has by far the biggest headcount of any company that it has bought to date. YouTube, for example, bought for $1.6bn in 2006 had less than 40 employees at time of its acquisition.

Most people believe Google paid far too much for Doubleclick: staff cutbacks are one way to demonstrate to Wall Street, that the company can act as decisively and ruthlessly as, say, Oracle.

So Google has wasted little time in wielding the axe - the $3.1bn takeover completed only on March 12, after months of winding its way through US and EU regulators. Doubleclick employs another 300 people outside the US, so expect more job cuts there. ®

Mobile application security vulnerability report

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple ran off to IBM
But never fear fanbois, you're still lapping up iPhones, Macs
Nadella: Apps must run on ALL WINDOWS – PCs, slabs and mobes
Phone egg, meet desktop chicken - your mother
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.