Google to Cut Contract Workers: Report

Google ( symbol) said it is "significantly" reducing the number of contract workers it uses, but the company said it has no plans at this time to lay off employees, the Wall Street Journal reports.

"We have been thinking for some time, before the acute phase of the economic crisis, about significantly reducing the number contract workers," said spokeswoman Jane Penner, the Journal reports.

The giant search firm declined to specify how many contract workers might be cut, nor would the spokeswoman discuss the pace at which Google would terminate contractors.

Google ended the third quarter with 20,123 company employees and about 10,000 contractors, according to the Journal.

This article was written by a staff member of TheStreet.com.

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