Apparently, even Google is feeling the pain of the Great Recession and the pain is trickling down to their employees this holiday season.
According to Gawker, the handsome cash bonuses the search giant has historically paid out to its employees will be replaced this year by a brand new mobile phone.
Gawker has the text of a company-wide e-mail, which paints a rosy picture of the bonus situation:
Some of you will of course be wondering why we decided to change from a cash bonus to the Dream phone. Here are the reasons. First, we've never developed anything like the Android software before and this represented a unique opportunity to celebrate that achievement. Googlers globally have been asking for the Dream phone and we're looking forward to seeing all the different things that you do with them. This is a chance for us to once again dogfood a product and make it even better! Second, as we discussed in our email this week, the current economic crisis requires us to be more conservative about how we spend our money. We felt that giving the Dream phone would be a great holiday present - something we could all celebrate.
Thank you for all that you do to make Google the company that it is. We hope that you will enjoy using your Dream phone in 2009 and have a very happy holiday!
What's next? No free snacks in the Googleplex? - Brian Ward.
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Google give Dream phone for they employees bonus, I think that good reason cause whole the company now nead recovery from economic crisis.
regrads.
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