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10/17/2005
02:29 PM
Thomas Claburn
Thomas Claburn
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Google Is Hiring

In a report issued last week, Susquehanna Financial Group said that Google's rapidly growing head-count could moderate its third-quarter earnings. Google's site currently advertises 587 types of job openings. SFG estimates that Google is hiring more than 10 new employees per day and notes that Google confirmed at the Web 2.0 conference two weeks ago that it had accelerated its hiring.

In a report issued last week, Susquehanna Financial Group said that Google's rapidly growing head-count could moderate its third-quarter earnings.

Google's site currently advertises 587 types of job openings.

SFG estimates that Google is hiring more than 10 new employees per day and notes that Google confirmed at the Web 2.0 conference two weeks ago that it had accelerated its hiring.The SFG report says that Google could add 700 to 800 new employees in 3Q and another 800 to 900 in 4Q.

SFG predicts Google's gross revenue will grow 8.2% to reach $1.49 billion.

The company's report notes that it does investment and non-investment banking business with corporations it covers and thus may not be objective in its coverage. I'm not sure whether that sort of disclosure is helpful or not. Once you admit you might be making things up, it's hard to take anything at face value.

Google plans to announce its quarterly results on Oct. 20..

For students considering a career at Google but not won over by fawning media coverage and dreams of stock-option riches, the Google Pizza Program might be the place to start.

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