Google cutting back a little

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I have read that google is cutting back, both in staff and budget.
This does not surpise me but its more about proportionality.   If the
economy goes south and google cuts back a little, it reinforces my
theory that the internet and internet advertising is less cyclical
than the rest of the economy. Further, I read something I think it was
in the Economist that advertising in the worst times only dips at most
10% so its kind of recession proof.   So the point of this post ( I
tend to ramble) I guess, is by the end of 2009 I do not see google
hurting no matter what happens.

Mark /

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