Google – up and M$ – down

January 23rd, 2009 | Lankitha Wimalarathna | Tags ,

Amazing to see how giants like Google and Microsoft manage during the recession times. The latest quarterly results helped Google shares to gain 2.6% while dropping Microsoft’s by 10% in early trading.

Google is offering stock option exchange as an incentive for employees to stay with the company when Microsoft cuts 5000 jobs, the biggest reduction ever.