Man……Seems the news is all over the place, and google.cn may be turning off as early as mid april.
What will this mean for all those workers? The google workforce is probably one of the top of the line workers, so I am sure Baidu, Tencent, Alibaba, and all the other Chinese internet companies will be scrambling to grab as many as they can.
Mar 19, 2010 at 8:54am ET by Barry Schwartz
Bloomberg News references reports from the China Business News paper, where they said Google will likely announce their plans to pull out officially on March 22, this Monday. In that announcement, it is expected that Google will say they will be completely out by April 10th.
Peter Lui, formerly Google’s financial controller for the Asia Pacific region, said that if they do pull out, “there is no way Google can ever come back.” He said it would be a “burnt bridge” that could never be repaired.
So then the question is….If google is GONE FOREVER for this HUGE massive Chinese market…doesn’t that mean OPPORTUNITY for all the other internet companies? Sure, Baidu (currently 70% or so of the Chinese search market) will grow to be close to 100% after google.cn is gone, but I am sure people will want some other choices besides 1 massive government influenced internet search engine company….
So keep in mind, every situation has its positives, and its negatives. Other chinese companies will hire the top google.cn staff, the google technology will move to other chinese companies, and life will go on.
And then in 100 years, google won’t be the only internet company left! As it will not be in China, amazing!!!