Featured Articles

Analysts expect ARM to do well next year

Analysts expect ARM to do well next year

British chip designer ARM could cash in on the mobile industry's rush to transition to 64-bit operating systems and hardware.

More...
Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Samsung has lost smartphone market share, ending the quarter on a low note and Xiaomi appears to be the big winner.

More...
Intel Broadwell 15W coming to CES

Intel Broadwell 15W coming to CES

It looks like Intel will be showing off its 14nm processors, codenames Broadwell, in a couple of weeks at CES 2015.

More...
Gainward GTX 980 Phantom reviewed

Gainward GTX 980 Phantom reviewed

Today we’ll be taking a closer look at the recently introduced Gainward GTX 980 4GB with the company’s trademark Phantom cooler.

More...
Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac has been in the nettop and mini-PC space for more than four years now and it has managed to carve…

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