Google starts to hire again

SIGNS THAT the economy is starting to get better have arrived at the search giant Google.

According to Bloomberg, Google plans to resume hiring and buying up new companies.

Analysts got all excited when Google's sales jumped 8.4 per cent from a year earlier to $4.38 billion.

Chief financial officer Patrick Pichette said that with the economy improving, the company can go back to investing.

Google had slashed jobs last year and shut down underperforming businesses. It even cut back at the staff cafe.

However Pichette said that Google had weathered what is an incredible recession. "If you have all this behind you, the only outcome you should have as management is: 'OK, let’s build now.'"

Of course shareholders will think that if the outfit is coining it in again the last thing it should be doing is spending more. µ