Featured Articles

AMD SVP John Byrne named turnaround exec of the year

AMD SVP John Byrne named turnaround exec of the year

Director of AMD’s PR Chris Hook has tweeted and confirmed later in a conversation with Fudzilla that John Byrne, Senior Vice…

More...
Shield Tablet 8 launching on Tuesday July 22nd

Shield Tablet 8 launching on Tuesday July 22nd

We knew the date for a while but as of right now we can confirm that Nvidia’s new Shield Tablet 8,…

More...
AMD confirms 20nm in 2015

AMD confirms 20nm in 2015

Lisa Su, Senior Vice President and Chief Operating Officer, AMD, has confirmed what we told you back in May 2014 – …

More...
AMD reports loss, shares tumble

AMD reports loss, shares tumble

AMD’s debt load is causing huge problems for the chipmaker -- this quarter it had another substantial loss. The tame Apple Press…

More...
AMD A8-7600 Kaveri APU reviewed

AMD A8-7600 Kaveri APU reviewed

Today we'll take a closer look at AMD's A8-7600 APU Kaveri APU, more specifically we'll examine the GPU performance you can…

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