YouTube Plans to Expand Workforce by 30% in 2011 Friday, March 11, 12:25 PM ET
Internet video giant YouTube said late Thursday in a blog posting it is looking to grow its workforce by 30% in 2011.
The company, owned by Google (NASDAQ:
GOOG) noted this would mark the largest surge in hiring in its six year history.
35 hours of video is uploaded to YouTube every minute, and users clock 2 billion views per day.
Google shares are trading down .4% Friday.
Fellow internet company AOL (NYSE:
AOL) traded lower yesterday following news that it is laying off more than 900 employees, or about 20% of its workforce, in a cost-cutting effort.
AOL shares are trading up .3% Friday.
The two together make up more than 9% of the NASDAQ Internet Portfolio (NASDAQ:
PNQI), trading down over .1% today.
For MarketNewsVideo.com, Iím Sayoko Murase.
Monday Sector Laggards: Metals & Mining, Electric Utilities
Related symbols: MCP, ACI, EBR, CIG
Monday Sector Leaders: Semiconductors, Auto Dealerships
Related symbols: NXPI, FSL, PRTS, PBY
Friday Sector Laggards: Consumer Services, Biotechnology Stocks
Related symbols: WTW, ASCMA, ATRA, IBIO
Monday's ETF with Unusual Volume: IDU
Related symbols: IDU, AES, SO, UIL, DYN
Monday's ETF Movers: SOXX, ILF
Related symbols: NXPI, FSL, EC, CIG, ILF, SOXX
EMLC, FUTS: Big ETF Outflows
Related symbols: EMLC, FUTS
Daily Dividend Report: MJN, ROST, GPS, WYN, DLR, ECL, PPL
Related symbols: MJN, ROST, GPS, WYN, DLR, ECL, PPL
Daily Dividend Report: TD, CM, CB, PLD, KSS, ESS, TMO, ACE, CI
Related symbols: TD, CM, CB, PLD, KSS, ESS, TMO, ACE, CI
Daily Dividend Report: HD, CMCSA, BMO, CTL, UFS, MLI
Related symbols: HD, CMCSA, BMO, CTL, UFS, MLI
Weekly Market Wrap: February 27, 2015
Related symbols: BAC, AAPL, JCP, GE, CMCSA
Weekly Market Wrap: February 13, 2015
Related symbols: ZNGA.BAC, GRPN, AAPL, HON, FDX, CSCO, UPS, TWX, UNH
Weekly Market Wrap: February 6, 2015
Related symbols: BAC, TWTR, FTR, SIRI, GE, PEP
Week Ahead Market Report: March 2, 2015
Related symbols: AAPL, BAC, ARUN, ARCP
Week Ahead Market Report: February 23, 2015
Related symbols: AAPL, BAC, HLSS, NBG, SLXP
Week Ahead Market Report: February 9, 2015
Related symbols: BAC, AAPL, TWTR, NBG, DF, TAP, CG, CSCO, AIG, SJM
All videos » |
Stock market definitions »
YouTube Plans to Expand Workforce by 30% in 2011
| Market News Video | Copyright © 2008 - 2015, All Rights Reserved
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.