No Way Out For Hysterical Hilton Paris Hilton went to jail because she’s a celebrity. She was let after three days because she’s a celebrity. Yesterday she went back, to a jail medical facility and mental institution - because she’s ... Read Full Article Intel Retooling Transistor Plant The chip maker said it would retool a factory in New Mexico to start making chips with advanced 45-nanometer-wide transistors in the second half of 2008.... Read Full Article Some In Writers Guild Would Edit One Strike Policy Ahead of a possible strike, the Writers Guild has issued a controversial rule that would require members to submit copies of half-finished scripts to union headquarters.... Read Full Article Subprime Loans Going From Boon To Housing Bane Minority homeowners are especially being hurt as rising interest rates make subprime loans even more expensive.... Read Full Article America’s Bankers Are Asleep On The Job The US Bureau of Labour Statistics yesterday seemingly offered investors a Hollywood ending to their summer woes. The Dow Jones soared once more as it emerged that after a revision August’s sh... Read Full Article |
Hiring Trends For Large-Cap Internet CompaniesThe four large-cap Internet companies Google, Yahoo, eBay, and Amazon collectively added more than 5,600 net new employees in Q3, and Lehman analyst Doug Anmuths Internet Inside Weekly (PDF only, not online) takes a closer look at hiring trends at these companies. Some interesting trends from it: Headlines from paidContent.org More On Facebook Ads; No Way To Opt Out Short Of Clamming Up @ Media & Money: The Ultimate Quest—The Consumer; Value Of Content Overrated Earnings: TWX: Q3 Revenues Up 9 Percent But Profit Drops 53 Percent; AOL Ad Rev Up 13 PercentEmployee costs remain the largest component of overall cash operating expenses (Amazon (NSDQ: AMZN) may be an exception) and quarter-to-quarter changes in headcount can meaningfully impact cost structures, and therefore margins. During 3Q07, Google (NSDQ: GOOG) added 2,130 new employees, compared with 1,548 additions in 2Q07. This represented 15 0rowth Q/Q and 70 0rowth Y/Y. Google new employee numbers will fall in 4Q and into early 2008. Yahoo (NSDQ: YHOO) added 1,200 employees during 3Q, representing 10 0rowth Q/Q and 24 0rowth Y/Y. This compares with 700 new hires in 2Q, which represented 6 0rowth Q/Q and 18 0rowth Y/Y. Q3 hirings were primarily due to an organic increase within product development, though recent acquisitions were also a factor. Amazon added 1,400 net new employees during 3Q, well above the 600 hires added in last years period. This represented approximately 10 0rowth Q/Q and 19 0rowth Y/Y, and compares with 2Q headcount growth rates of 3% Q/Q and 13% Y/Y. Management noted that headcount additions during 3Q07 were predominantly related to the companys fulfillment center operations. The chart on the right gives a good summary in numbers (click on it to get a bigger version). Copyright 2007 CMN News Service. All Rights Reserved. Tag CloudExternal InformationAdditional InformationZune adopters warned to wait...Yours for the Peeping... Nokia Siemens Networks Lands India Deal... Vista’s game plan... Where Am I?News Main Page - Business - Hiring Trends For Large-Cap Internet Companies |
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