Google is cutting "approximately 100 positions" from its human resources department...
Google will no longer be accepting uploads to Google Video...
Development will cease for Google Notebook...
Its nascent Dodgeball mobile social networking platform is getting whacked...
Cutting HR means less hiring, methinks. No, really. Contract work was officially being reduced some time ago, and anecdotally, vendors were getting squeezed and scaled back on even before that, like mid last year.
Wonder if this hits Mt. View and surrounding real estate. Don't laugh yet; was initially extremely dismissive of this conjecture, but then agnosticism set in as stories materialized about otherwise-penniless mirror-foggers bidding up houses in the area as "investments." And it doesn't seem to happen anymore, but once upon a time, googling "GOOG" got one not only the stock price, etc., but also a handful of ads for upmarket houses for sale in the vicinity of you-know-where. I poop thee not.
Update: FWIW, Blodget not so bullish on GOOG.
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