About 10,000 people affected by Google's massive layoffs

In its filing with the SEC, Google said the company employs 20123 people, but the reality is that Google employs about 30000 people. The reason for this difference is that 10,000 employees are considered "temporary" by Google. For these 10,000 temporary workers, Google co-founder Sergey Brin (Sergey Brin) said: "This number is not very high." ”

For Google, the move has two major benefits:

1 The job of full-time employees is not treated as a full-time employee. For these 10,000 temporary workers, Google can give them the minimum wage, while not providing a variety of insurance and equity, without long-term employment.

2 Low-reported number of employees to win the favor of Wall Street. The low number of employees can show Google's more efficient, win shareholders favor, help in the short term to stimulate the price rally.

So how does Google steer clear of SEC regulations? Google hired hundreds of lawyers to deal with the matter. One of the options is: a few months to shift, so that this part of the staff is always in the temporary, mobile state, which is why it is difficult to see the reason Google acquaintances.

Of course, someone worked at Google for more than 5 years, someone worked 7 years, but there are more people in different positions for change. There is no doubt that the global economic downturn has affected Google. Google's troubles may be just beginning as the Internet advertising business declines. (Li Ming)