Google Employees Are Most Optimistic On Company’s Future

Updated on

The employees of Google Inc (NASDAQ:GOOG) emerged as the most optimistic in terms of the prospects of the search engine giant in the future compared with the workforce of 250,000 firms who shared their insights about their jobs and companies.

Google Employees Are Most Optimistic On Company’s Future

Data from Glassdoor, a career website, revealed Google Inc (NASDAQ:GOOG) ranked number one in the list of Top 10 Companies with the Best Business Outlook. Eighty six percent (86%) of its employees have a positive conviction that the company will improve within the next two quarters of the current fiscal year.

Google Inc (NASDAQ:GOOG) is undoubtedly enjoying a good run. The stock price of the company continues to surge, a sign that investors have strong confidence in the leadership and strategies of the company. Over the past 52-week range, the stock value of the search engine giant increased from $556.52 to $919.98 per share. The stock is trading around $905.98 per share around $3:00 PM on Friday.

Some of the latest announcements of Google Inc (NASDAQ:GOOG) this week also received positive feedback from analysts, consumers, and investors. The search engine launched its music subscription service, which is perceived by many as a serious threat to Spotify.

One of the software engineers of Google Inc (NASDAQ:GOOG) commented that the search engine giant has a strong culture of creativity, innovation, and avoids unnecessary hierarchy, red tape, and inertia. Its works are intellectually stimulating, and the company provides great perks, which makes working for the company more fun.

QUALCOMM, Inc. (NASDAQ:QCOM) ranked second with 76 percent of its employees believing that the performance of the company will get better, and Yahoo! Inc. (NASDAQ:YHOO) ranked third with 75 percent of its employees having positive conviction about the company’s future prospects.

SAP AG (NYSE:AP) and ranked fourth and fifth in the list with 73 percent and 69 percent of its workforce thinks the two companies’ prospects in the next quarter will improve.

Tata Consultancy Services Limited (BOM:532540) ranked sixth with 65 percent of its workforce feel positive and Publix Super Markets Inc. (OTCMKTS:PUSH) ranked seventh with 64 percent of its employees believing that the company will perform better. Sixty percent of the employees of General Motors Company (NYSE:GM) and Whole Foods Market, Inc. (NASDAQ:WFM) and 61 percent of The Home Depot, Inc. (NYSE:HD)’s workforce believe their companies will do better in the next quarters.

Leave a Comment

Signup to ValueWalk!

Get the latest posts on what's happening in the hedge fund and investing world sent straight to your inbox! 
This is information you won't get anywhere else!