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Google to Boost Hiring as Yahoo Cuts Jobs

 & Chloe Albanesius Executive Editor, News

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Looking for a new job in tech? Google announced Tuesday that 2011 will be its biggest hiring year to date.

The news came the same day that Yahoo announced it would cut 1 percent of its workforce.

"I am excited about 2011—because it will be our biggest hiring year in company history," Alan Eustace, senior vice president of engineering and research at Google, said in a blog post. "We're looking for top talent—across the board and around the globe—and we'll hire as many smart, creative people as we can to tackle some of the toughest challenges in computer science."

Google added more than 4,500 jobs in 2010, primarily in engineering and sales. Last year was the second biggest year for new hires behind 2007, when the company added 6,000 jobs, Eustace wrote.

What type of things will new Google employees be tackling? Eustace said there will be "something at Google for everyone—from geo, to enterprise, to video—with most of the work done in small teams, effectively working as start-ups."

The average number of software engineers on a project at Google is 3.5, he said.

Though Google now has 24,400 employees, Eustace insisted that it is "still the same entrepreneurial company it was when I started, encouraging Googlers to take on big ideas and high-risk, high-reward opportunities."

According to chief executive officer Eric Schmidt, about 1,000 of those new jobs will be in Europe.

"Our businesses are doing very well around the globe, and as a result I'm happy to announce we'll be adding 1,000 new employees in Europe and make some significant investments," Schmidt said in his keynote at the DLD Conference in Germany. "Hundreds of these people will be located right here in our technology center in Munich."

Yahoo, meanwhile, will cut 1 percent of its workforce. "The personnel changes we are making are part of our ongoing strategy to best position Yahoo for revenue growth and margin expansion and to support our strategy to deliver differentiated products and experiences to the marketplace," a Yahoo spokeswoman told the Los Angeles Times.

The news comes about a month after Yahoo cut about 600 additional jobs. On Tuesday, Yahoo reported fourth quarter revenue of $1.525 billion, a 12 percent decrease from the year before. Earnings, however, jumped from $153 million to $312 million.

About Our Expert

Chloe Albanesius

Chloe Albanesius

Executive Editor, News

My Experience

I started out covering tech policy in DC for The National Journal, where my beat included state-level tech news and all the congressional hearings and FCC meetings I could handle. I later covered Wall Street trading tech before switching gears to consumer tech. I now lead PCMag's news coverage.

My Areas of Expertise

Getting my start in DC means I still have a soft spot for tech policy; Congressional hearings can sometimes be as entertaining as a Bravo reality show, for better or worse. But PCMag is all about the technology we use every day, as well as keeping an eye out for the trends that will shape the industry in the years ahead (or flop on arrival). I've covered the rise of social media, the iOS vs. Android wars, the cord-cutting revolution that's now left us with hefty streaming bills, and the effort to stuff artificial intelligence into every product you could imagine. This job has taken me to CES in Vegas (one too many times), IFA in Berlin, and MWC in Barcelona. I also drove a Tesla 1,000 miles out west as part of our Best Mobile Networks project. Of late, my focus is on our hard-working team of reporters at PCMag, guiding and editing their robust coverage.

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