Google considers job cuts after takeover of Doubleclick

Google has been cleared to acquire the online advertising company DoubleClick in a deal worth billions, and now plans to cut a number of jobs at the newly acquired company.

 Google has been allowed to buy the online advertising company Doubleclick in a multi-billion dollar takeover and now wants to cut a number of jobs as part of the new acquisition. The European Commission approved the 3.1 billion dollar takeover on Tuesday without any conditions. According to the Commission's assessment, the purchase does not restrict competition on the market. The US regulatory authority, the FTC, already approved the takeover in December.
Google announced on its website on Tuesday that a plan for the workforce at Doubleclick is to be drawn up by the beginning of April. The job cuts could affect employees in the USA as well as in other regions.

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