Mar 26, 2009 at 4:17pm ET by Matt McGee
Google has just announced plans to cut almost 200 people from the sales and marketing teams around the world.
According to the announcement, the affected employees will be given time to find new positions at Google and/or help in locating a job elsewhere. They’ll also give severance packages to those who leave the company.
Says Omid Kordestani, Google’s senior VP for sales and business development:
“Google has grown very quickly in a very short period of time. When companies grow that quickly it’s almost impossible to get everything right—and we certainly didn’t. In some areas we’ve created overlapping organizations which not only duplicate effort but also complicate the decision-making process. That makes our teams less effective and efficient than they should be. In addition, we over-invested in some areas in preparation for the growth trends we were experiencing at the time.”
Earlier this year, Google confirmed the layoffs of contract employees as a cost-cutting move.
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