If someone thought Google was invincible after making profit in last fiscal year, they are all wrong. Google is planning to cut about 200 googlers from sales and marketing department from around the world. According to a blog post, Google will give each employee enough time and opportunity to find another post, or another location or will offer severance packages for those who leave the company.
However, this is how Google explain their selves:
Google has grown very quickly in a very short period of time. When companies grow that quickly it’s almost impossible to get everything right—and we certainly didn’t. In some areas we’ve created overlapping organizations which not only duplicate effort but also complicate the decision-making process. That makes our teams less effective and efficient than they should be. In addition, we over-invested in some areas in preparation for the growth trends we were experiencing at the time.
Best luck GOOGLE!