Biggest search engine, Google Inc. is giving employees G1 mobile phones instead of cash gifts this year as it reins in costs during the recession, according to a person familiar with the matter.
About 85 percent of workers will get a handset powered by Google’s G1 Android operating system as a holiday gift, said the person, who asked not to be identified. Google handed out $1,000 cash gifts to most employees last year.
Chief Executive Officer Eric Schmidt said last month that Google is seeking to control expenses and add fewer jobs as the global slump curbs online advertising growth. T-Mobile USA Inc. began marketing the G1 Android phone in October, offering many of the same features as Apple Inc.’s iPhone, including Web browsing. The holiday gift is separate from the performance bonus handed out by the company, the person said.
“The current economic crisis requires us to be more conservative about how we spend our money,” Mountain View, California-based Google said in an internal memo that was posted on technology industry blog Valleywag. Buy Samsung S7330 on 3 cheap deals.
2 comments:
Great news... Has Google become member of a cash gifting program??? It's awesome to have a phone as well as receive cash gifts from Google...
Thanks for sharing the post...
Hi,
Seems like there is more to cash gifting than google androids. Thants a great news... :) Thanks a lot.
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