The economic downturn shows no favor. Even the almighty Google is taking a hit and re-arranging the books in order to seem steady. Google's been quietly laying off hundreds of employees and there are whispers suggesting that the final tally may total 10,000 workers.
Though the SEC requires public companies to publicly report layoffs, Google is circumventing the law by terming the workers as temporary operational expenses. Basically full time workers without full time benefits and a boost to their stock because of their high productivity per employee. Yeah, we know. Sad and almost evil.
We're not sure which specific sectors this is going to affect, hopefully the economy gets on an upswing so we won't see any delays in Android development and everybody can get their job back. Until then, be thankful.
[BGR]
