Google: DoubleClick Employees Must Re-Apply For Their Own Jobs
By DavidReece • Mar 17th, 2008 • Category: Business & Technology
In a move that’s set to send shockwaves across Google’s recently acquired DoubleClick, Google CEO Eric Schmidt has warned exsisting employees that the search giant has not yet decided who they will fire from the online advertising firm, and has ordered doubleclickers to submit their resumes to a Google committee for immediate review.
The move is said to affect employees in every department, who will have to prove not only that they are capable of fulfilling their previous roles, but also that they are “Google material”, which could leave many veteran employees with virtually no job security pending a personal review.
Doubleclick employees at all levels are said to be furious and deeply concerned by the effect this acquisition will have on personell, and many are looking at their options.
Schmidt said in an earlier statement…
“An immediate task we’ll undertake over the next few weeks is matching and aligning DoubleClick employees with our organizational plan for the business. This will involve determining the right staffing levels for all functions and will ensure that we have the right people assigned to the right responsibilities within Google. We plan to complete this process in the U.S. by early April.
Outside the U.S., the steps we will propose are subject to consultation with employee representatives where applicable, and of course any decisions will be made in accordance with local law. The exact timing of the process outside the U.S. will vary based on the needs and requirements of each region.”
Google recently bought New-York based Doubleclick for $3.1 Billion, the biggest in Google’s history, which was majority owned by private equity firm, Hellman & Friedman, which paid $1.1 Billion for it’s stake.
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Perfect chance to deliver a message. Imagine if every one walked! That would leave Google holding a very expensive empty bag—precisely what such heavy handed approaches deserve. Google continues to be worse than clueless when it comes to human relations. Geeks at top, brilliant but offensive. Geeks in rest of pyramid, brilliant but absolutely no experience in getting along.
–hsm
I couldn’t agree more Hugh, and this is just the tip of the iceberg. Google is looking at the acquision based purely on technical infrastructure when it should be considering the real driving force behind the firm, its people. I’ve heard there are also grumblings from inside google itself as the “great place to work” facade begins to show cracks.
This management in the advertising part, where Doubleclick will fit, are decidedly non-geeks.
[…] http://startupearth.com/2008/03/17/googl… […]
Hugh misses the point of the acquisition. Google didn’t buy DoubleClick for its people or technology. It bought it for the traffic and the IP.
Thats certainly an evil gesture by Google. Traffic and IP are what they bought, but do this a few times and they will find their best people will be digusted with the ethics and leave. -1 for Google…
[…] not be over just yet. According to Startup Earth, Google’s CEO Eric Schmidt has revealed that DoubleClick employees have been asked to submit their resumes to a senior Google committee in advance of possible staff cuts. Here’s a snippet from the […]
[…] may not be over just yet. According to Startup Earth, Google’s CEO Eric Schmidt has revealed that DoubleClick employees have been asked to submit their resumes to a senior Google committee in advance of possible staff cuts. Here’s a snippet from the post: […]
[…] to Startup Earth, Google CEO Eric Schmidt has warned existing employees of Doubleclick that the search giant has not […]