Google Dumps Disney Trip to Save Bucks

(NEWSER) - Google is dealing with the departures of several prized employees the way it deals with nearly everything: with an algorithm. The search giant has a mathematical formula it says will identify which employees are at risk of jumping ship, the Wall Street Journal reports. The formula has already spotted employees who feel underused, a key complaint. More»

Search king slashes sales jobs as recession shrinks revenue

(NEWSER) - Google is cutting 200 sales and marketing positions to save costs as companies worldwide slash their online advertising budgets, Bloomberg reports. Company officials hope the trims will also help streamline the decision-making process. The jobs will be eliminated globally, and employees have been encouraged to seek new positions within the company. More»

Company announces layoffs, major restructuring of park operations

(NEWSER) - Tomorrowland holds unemployment for an undisclosed number of Disney employees, reports the Orlando Sentinel. The company is restructuring its theme park division—which employs 80,000 people—and plans to cut jobs by consolidating its East and West Coast operations. Analysts believe Disney can make substantial savings this way but warn that turning around the firm's falling profits will be harder if it cuts too many creative jobs. More»

First major layoff in search giant's history follows merger

(NEWSER) - Some 300 DoubleClick employees, who briefly enjoyed a taste of Google culture after the ad agency was acquired in March, are facing layoffs as the search giant merges the two operations, reports the New York Times. It’s the first major layoff in Google’s history and trims DoubleClick’s US workforce by about 25%. DoubleClick employs about 1,500 globally. More»

It's a quickie of someone on a trampoline

(NEWSER) - Google's plans for high-tech computer glasses are apparently advancing. The company has released its first sample video taken by the glasses, a 15-second snippet of someone doing flips on a trampoline, notes VentureBeat . The company previously released images of Google employees wearing prototypes in public. "Although it doesn't offer any additional clues to the exact technology behind Project Glass, it's another key example of how Google's vision to 'let technology get out of your way' is slowly becoming a reality," writes Tom Warren at the Verge . More»