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Alexkid · 01-25-2011, 02:19 PM

Google to hire more than 6,200 workers this year
MICHAEL LIEDTKE - The Associated Press

05:19:00PM (ET) Tuesday,January 25,2011.

SAN FRANCISCO (AP) — Google Inc. plans to hire more than 6,200 workers this year in the biggest expansion yet by the Internet's most profitable company.

The hiring spree will likely be welcomed by President Barack Obama, who is expected to emphasize the need for more jobs during his State of the Union address Tuesday night. Google CEO Eric Schmidt was among a group of business leaders who met with Obama last month to discuss ways to bolster the listless economy.

But Google's push to further expand a work force that grew by 23 percent last year may not be as well received on Wall Street, where the Internet search leader's spending has annoyed some investors who would prefer a more frugal approach in hopes of fatter returns.

Google executives have consistently brushed aside those concerns, saying that the company needs to aggressively recruit the smartest computer engineers and most persuasive sales representatives to maintain its lead in online search and advertising, as well as to diversify into other services in computing, telecommunications and the media.

The company outlined its hiring plans Tuesday with The Associated Press without providing many specifics beyond its pledge to hire more people than it did in 2007 when it added 6,131 workers. Google hired nearly 4,600 people last year to end 2010 with 24,400 employees. Based on its hiring commitment, Google's work force will increase by at least 25 percent this year.

Analysts polled by FactSet expect Google's net revenue to increase 22 percent this year.

Google wouldn't say how many of the new jobs will be based in the United States, where most of its current workers are located. In a speech Tuesday, Schmidt said Google will hire more than 1,000 workers in Europe this year. All told, Google has more than 60 offices in 30 countries.

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* Good economic news ! *

01-25-2011, 02:19 PM	#1
Alexkid Your World & Experience Join Date: Jan 2009 Location: Eastern Time Zone Posts: 6,877 Rep Power: 10	Google to hire more than 6,200 workers this year Google to hire more than 6,200 workers this year MICHAEL LIEDTKE - The Associated Press 05:19:00PM (ET) Tuesday,January 25,2011. SAN FRANCISCO (AP) — Google Inc. plans to hire more than 6,200 workers this year in the biggest expansion yet by the Internet's most profitable company. The hiring spree will likely be welcomed by President Barack Obama, who is expected to emphasize the need for more jobs during his State of the Union address Tuesday night. Google CEO Eric Schmidt was among a group of business leaders who met with Obama last month to discuss ways to bolster the listless economy. But Google's push to further expand a work force that grew by 23 percent last year may not be as well received on Wall Street, where the Internet search leader's spending has annoyed some investors who would prefer a more frugal approach in hopes of fatter returns. Google executives have consistently brushed aside those concerns, saying that the company needs to aggressively recruit the smartest computer engineers and most persuasive sales representatives to maintain its lead in online search and advertising, as well as to diversify into other services in computing, telecommunications and the media. The company outlined its hiring plans Tuesday with The Associated Press without providing many specifics beyond its pledge to hire more people than it did in 2007 when it added 6,131 workers. Google hired nearly 4,600 people last year to end 2010 with 24,400 employees. Based on its hiring commitment, Google's work force will increase by at least 25 percent this year. Analysts polled by FactSet expect Google's net revenue to increase 22 percent this year. Google wouldn't say how many of the new jobs will be based in the United States, where most of its current workers are located. In a speech Tuesday, Schmidt said Google will hire more than 1,000 workers in Europe this year. All told, Google has more than 60 offices in 30 countries. ---------------------------------------------------------------------- * Good economic news ! * __________________ Yeah...Do That.

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