-- Google Finance, Govt, Policy and Business Issues
---- Google Period of Austerity Puts The Pressure on Growth Efforts
mfishy - 8:18 pm on Dec 3, 2008 (gmt 0)
My experience is that in last 12 months that we have been in recession my business has not been hurt at all, but it has not grown either. In other words, G will still be able to perform as well as 2007 and it is simply preparing for a no-growth or slow growth phase.
Tell that to the shareholders!
If there is no revenue growth costs must be cut or shares will tank.