Following up on the article that Jerry posted, this is just one on the reasons why the recession that we are in will be worse than it should be. This is one of those reactions that is made because others are making similar moves. I don't disagree with that idea that Google spends a lot of money on perks, along the lines of SAS, but Google is not the company that needs to worry about its business or change things because things are difficult. Would Google have changed its ways if its stock price was at 600? Not a chance, so why make the change today? Why show weakness? Why act like every other company? Google has over $8B in cash, more than it has ever had and not a penny of debt, so why change things now? Why change the culture? Why even give employees the thought of leaving?
I know I pose a lot of of questions but I just don't understand why Google would changes its ways. Times are tough but Google does not need to change. It needs to spend more and conquer when competitors are weak. If one talented person left because he/she thinks Google is becoming too corporate or changing who they are, then it is a bad decision. Of course I am a bit bitter as well because Google does not need to add to GDP declines and the economy contracting, not with $8B of cash and more coming in every day. Spend Spend Spend Google, don't add to the weakness in the economy, or show any weakness to your employees or competitors>
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