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Do job cuts at Google mean the company is weakening?

April 14, 2009 - 1:09am | News | Other themes
Do job cuts at Google mean the company is weakening?

While Google prepares to release its first-quarter results this week investors express their concern about the company’s possible revenue declines. The anxiety of the public is incited by the recent rounds of layoffs undertaken by the Internet search giant in a move to cut its costs.

"Whenever Internet companies cut costs, people take any cost cutting as a really negative signal," said Sanford Bernstein analyst Jeff Lindsay.


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