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Google Cuts Nearly 200 Sales And Marketing Jobs

 

Published 3/26/2009 by Eric Savitz at BARRONS.com: Tech Trader Daily

Google (GOOG) disclosed in a blog post today that it is cutting just under 200 sales and marketing jobs. The company said that it had overlapping positions in some areas, and that it had over-invested in some places to prepare for growth trends that were not realized. GOOG today rose $9.18, or 2.7%, to $353.25. Earlier: GOOG: Canaccord Says Buy; Also Upgrades IACI, VCLK (link)

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