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Archive for the 'Google' Tag

A first for everything: Google shrunk in 2009

Wednesday, February 17th, 2010

If you thought that Google (GOOG) was immune to the sluggish economy in 2009, think again. Buried deep in the 10-K that the company filed late Friday was an interesting disclosure: Google’s headcount actually shrunk in 2009 for the first time since the company has been public (and most likely for the first time ever, [...]

More on Google’s option exchange…

Wednesday, March 11th, 2009

We’ve been following Google’s (GOOG) option exchange program pretty closely, ever since the details were announced last month. As we footnoted earlier this week, the deadline for Googlers to take the company up on its option-exchange offer was Monday morning at 6 in the morning.
Late yesterday, Google disclosed in this filing that 15,642 participants — [...]

So how many Googlers swapped their options?

Monday, March 9th, 2009

This morning at 6 a.m. PST was the deadline for Google (GOOG) employees to swap their options. As we’ve footnoted here, Googlers got several reminders that the deadline was approaching and lots of helpful information — slideshows, videos, and several email reminders, including one from CEO Eric Schmidt reminding employees not to wait until the [...]

Eric Schmidt to Googlers: Don’t wait on option exchange

Friday, February 20th, 2009

Two weeks ago, we footnoted about Google’s (GOOG) option exchange program which allows employees to trade in their underwater options for new ones — something that impacts about 85% of all employees. But judging by this email from CEO Eric Schmidt that was filed yesterday, there doesn’t appear to have been a stampede to exchange [...]

Google rolls out its option exchange program…

Wednesday, February 4th, 2009

Last month, Google (GOOG) announced an options exchange program that would let employees exchange their underwater options. In the announcement, Google estimated that about 85% of its employees had underwater options and told employees that “if you’re interested in learning more about this employee-only stock option exchange, we encourage you to read our related [...]