Watch CBSN Live

Google To Lay Off 300 From DoubleClick: Report

This story was written by Rafat Ali.

Google (NSDQ: GOOG), which just finished its $3.4 billion acquisition of DoubleClick and has publicly said will do some layoffs, will dispense with about 300 U.S. employees, reports NYT. This is the first such layoffs by Google since it started...the cuts represent about a quarter of DoubleClick's U.S. workforce of about 1,200. Other overseas employees (about 300 of them) could see some layoffs in the future as well. Google had about 16,805 employees worldwide at the end of 2007, so not necessarily huge percentage wise.

By Rafat Ali

View CBS News In