Ben Schachter, Internet Analyst at UBS Investment Research in a note to his clients outlined the prospects for Yahoo and Google in the coming year. The divergent fortunes of two web giants are aptly reflected in their hiring (and firing) forecasts.
- We believe there is a good chance of headcount reductions for Yahoo in 2007, or at least slowed hiring.
- While Google has more than doubled its headcount in the last year, we still expect very significant hiring in 2007. The company currently has almost 1,300 openings on its website for the U.S. alone.
Looks like Google is planning on making (and spending) a lot of money in 2007, though these kind of hiring numbers remind of another fast growing company….