Google Takes Stricter Approach to Costs – WSJ

Google Inc. is slowing down as it grows up.

With revenue growth ebbing, profit margins shrinking and shares flat, Google is curbing hiring and seeking ways to run its sprawling empire more efficiently, according to recruiters, venture capitalists and others familiar with the matter.

New Chief Financial Officer Ruth Porat, who joined the company in late May, is active in the effort. Ms. Porat, who reduced expenses and…

Article source: http://www.wsj.com/articles/google-takes-stricter-approach-to-costs-1436827885

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