Friday 20 January 2012

Google Tops Fortune's List of Best Places to Work

Fortune has released its list of the 100 Best Companies to Work For in the U.S., and Google nabbed the top spot.The Internet giant jumped three spots from its number four ranking last year to land comfortably at the top of the list."Everything was up at Google last year—revenue, profits, share price, paid search clicks, hiring—and so, too, was employee love," Fortune said of Google. "The search giant climbed three slots in our ranking to reclaim the top spot. The reason? Employees rave about their mission, the culture, and the famous perks of the Plex: boccee courts, a bowling alley, eyebrow shaping (for a fee) in the New York office. Then there's the food: some 25 cafes companywide, all gratis."
Fortune noted that Google has 18,500 U.S. employees, posted a job growth rate of 33 percent last year, and logged $29.3 billion in revenue in 2010. Google CEO Larry Page mentioned the ranking in the company's quarterly earnings call on Thursday.


"People want to feel part of a family, even when they're at work," Page said. "We've taken the number one spot three times now, more than every other company. I want to thank everyone at Google for all their hard work, which has made this possible."
Topping the list isn't the only thing Page had to celebrate; Google today reported fourth quarter revenue of $10.58 billion, the first time it topped the $10 billion mark.
Other notable tech companies that made the list include Zappos.com (11), Qualcomm (23), Salesforce.com (27), Adobe (41), Intel (46), Rackspace (74), Microsoft (76), Hitachi (86), Cisco (90), and GoDaddy (93).
However, Google is not short on troubles. The company last week made headlines for its search update, search plus your world, which seeks to integrate personalized data from Google+ into results. Competitors argued that this is an unfair use of Google's advantage in the market, and the Electronic Privacy Information Center submitted a letter to the Federal Trade Commission (FTC), asking that it investigate these changes.
Google is also facing FTC scrutiny for its search practices, and in December, the Senate's top-ranking antitrust officials asked the commission to deepen its probe.

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