Follow Newser on Twitter   Friend Newser on Facebook
Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Google Cuts Spending, New Projects

Company plans cuts in contract workforce, tightens perks as it refocuses

By Jim O'Neill,  Newser User

Posted Dec 3, 2008 9:26 AM CST

(Newser) – Times are tough even at Google, forcing the company to refocus on its core business, the search advertising that generates 97% of its revenue, reports the Wall Street Journal. CEO Eric Schmidt says the company has begun to trim not only some of its legendary...   Read full story »

COMMENTS
You need to Log in to Newser to comment. Don't have an account yet? Sign up now!
There are no comments
A snapshot of the day's best news stories.
 

More Newser Stories

Paul Allen Re-Sues Apple, Google, Facebook

Google CEO Leaves Apple Board

Google's Profit Drops, But Still Beats Forecasts

Google Taps Quattrone for Yahoo Advice

Even Google Not Immune in Downturn


Other Sites We Like:   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   Timelines   |   Geek Sugar   |   Business Insider   |   HuffPost Entertainment