Featured Articles

Nvidia GTX 980 reviewed

Nvidia GTX 980 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Nvidia adjusts GTX 980 and GTX 970 pricing

Nvidia adjusts GTX 980 and GTX 970 pricing

It appears that Nvidia has been feeling the pulse of the market and took some note from comments regarding the original…

More...
iPhone 6 and 6 Plus reviews are up and they are good

iPhone 6 and 6 Plus reviews are up and they are good

Apple is dancing the same dance year after year. It releases the iPhone and two days before they start shipping it…

More...
Amazon announces three new tablets

Amazon announces three new tablets

Amazon has just released three new tablets starting with the $99 priced 6-inch Kindle Fire HD6. This is a 6-inch tablet…

More...
PowerColor TurboDuo R9 285 reviewed

PowerColor TurboDuo R9 285 reviewed

Today we will take a look at the PowerColor TurboDuo Radeon R9 285. The card is based on AMD’s new…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Wednesday, 12 March 2008 05:43

DoubleClick has been officially acquired by Google

Written by David Stellmack
Image

Layoffs are likely as a result

Google CEO Eric Schmidt is known not to mince words, and he dropped news today that we should have known was coming on the heels of the announcement that Google has officially acquired DoubleClick.

The news is that as a result of the merger there will likely be reductions in headcount. From the news posted in his blog, it does appear that these reductions in headcount will primarily come from DoubleClick employees in the U.S., but other areas might be affected, as well.

As is normal with any merger, the process now begins to integrate the two companies together. While this is always a challenge, Schmidt seems to be upbeat about the results that the merger will yield for Google in the end.

News of any layoffs in the U.S. right now is not good news, but a company as cash rich as Google should be able to offer some nice packages to DoubleClick employees that will be out of a job because of the merger. We have to wonder how many DoubleClick employees have stock or stock options and will walk away with a truck load of money from the merger.

Read more in Eric Schmidt’s blog here.

Last modified on Wednesday, 12 March 2008 08:53

David Stellmack

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments