... describe the economic climate as pretty dire and explain how it will affect the worlds largest search engine.

It obviously will affect the online advertising market because our systems are so tightly tuned. If customers are buying less, it will eventually be reflected in CPCs -cost per click- and CPMs -cost per thousand impressions-, he said. We are not immune to this.

Then Google promptly announced 6-figure bonuses for its top executives!

Jonathan Rosenberg, who oversees Googles products, received the largest bonus at $1.64 million..
Omid Kordestani, Googles top sales executive, and Alan Eustace, who oversees the companys engineers, each got bonuses of $1.38 million
Google gave a $1.24 million to its chief financial officer, Patrick Pichette, for his contributions after joining the company in August
George Reyes, Googles CFO before Pichette, received a 2008 bonus of $675,000

While these bonuses were lower compared to 2007, its likely little comfort for Googles investors"who saw their Google stock drop 56% in 2008.

What do you think? Googles profit rose only 1% this past year, so do these bonuses reflect the hard work put in to achieve this growth, or do you believe Google gave out more than it should have?

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