http://uk.reuters.com/article/stocks...54400I20090505
This news story interested me. Firstly, how do they really expect to compete with google? Google is everywhere, it's a killer brand and now if anyone wants to search for anything on the net nine times out of ten they say that they'll 'google it'. It's more leaner and much more innovative than your standard business bureaucracy. I often get the feeling they just tell staff to 'do something' with their day and see what happens (anyone used google labs?), whereas most other companies would ask to see a cost benefit analysis and ten meetings before even agreeing what colour pens to use.
Secondly, they have recently laid off 675 staff, 5% of the workforce.
That puts their staff levels at 12,825.
12,825??
Can anyone tell me what on earth they those people are meant to do for a company that is essentially a search engine with some other internet activities bolted on?