The cold wind of US financial winter has blown from the Wall Street in east coast to Silicon Valley, California. Even Google, the internet search engine giant has affect by it. In the past, every year Google gave 1000 cash bonus before Christmas, but this year, this annual bonus was replaced with Google new product, G1 phone.Google has launched G1 phone to compete with Apple iPhone. It runs on Android, Its own mobile operating system. The sale record of this new product was nothing to brag about after it was put into the market in this October, and the responses from the insiders is lukewarm as well. IT people called it “an unattractive and uninspiring piece of plastic”.

However, Google used the word “dream phone” to describe G1. In the Email which was send to Googlers, it said: “it’s a great way to thank everyone for their hard work. In the past, we’ve done this in cash. This year, we’ve decided to give Googlers a different kind of present – a Dream phone”.

Google has 20,123 employees all over the world, among them, 85%, includes the employees in US, Western Europe, Eastern Europe, Canada, Singapore, Japan and Australia, will receive G1 phone. To the other areas where G1 can not enter because of legal issue, the employees will receive 400 US dollars cash per person.

Besides reducing the bonus, Google used to consider about reducing the staffs. Comparing with HP, Yahoo and other It companies which have started to cut staffs, Google still have rich strength, business income of the company has exceeded 21 billions dollars in the third Quarter of this year. However, the growth speed of this quarter was slowing, only 3%.

Edited By Vicky Yin