Best Place to Work in Canada is Google Canada Essay

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According to www.greatplacetowork.ca, the best place to work in Canada is with Google Canada. Google began life as a search engine and quickly built up a strong market share by delivering superior results. The company leveraged this into an online ad business and eventually had the funds to tackle other ventures, including the Android mobile operating system. The company has also expanded its website offerings dramatically as well. Google is a relatively young company, having been founded in 1997.

Google is a highly successful company in general. Its most recent financial figures show that the company earned net income of $9.7 billion on revenues of $37.9 billion in fiscal year 2011 (2011 Google Form 10-K). The company has on its balance sheet over $44 billion in cash and equivalents, compared with just under $3 billion in long-term debt. Google has exceptional financial strength. The company's stock price currently sits at $596.33, giving the company a price/earnings ratio of 20 times, indicating only moderate growth prospects for the firm, according to the market (MSN MoneyCentral, 2012).

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Google is headquartered in Mountain View, California, which is in the Silicon Valley. The company has over 32,000 employees worldwide (MSN MoneyCentral, 2012), of which only 150 work in Canada. The company's current products are primarily its website, its advertising business and Android. The latter two are the biggest income sources for the company. Google's advertising business is relatively stable, while Android is a young product that is rapidly growing by gaining share in an already hot market. The CEO of Google is co-founder Larry Page. Other key officers are Patrick Pichette, CFO; Sergey Brin, co-founder and director; and Ben Fried, CIO.

The company usually gets in the news for its successes, but from time to time it faces controversy, for example in its dealings in China, where the company has faced difficulty with the local authorities (Efrati & Chao, 2012).….....

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"Best Place To Work In Canada Is Google Canada" (2012, February 05) Retrieved June 6, 2026, from
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