yahoo should look for some CEO that did not run his previous company into the ground before.
These layoffs are because yahoo did not take legal action against M$ soon enough.
Yahoo! tomorrow will tell 1,500 employees tomorrow that their days in purple are over, according to FishBowl LA.
That is roughly 10 percent of its work force of 14,300 (by latest Wikipedia count).
This is a bigger cut than the 1,000 made in February. But it’s right in keeping with Yahoo!’s stated plans to cut a tenth of its work force. That was signalled in October.
Interestingly, Yahoo!’s board appears to be considering former Vodafone CEO Arun Sarin to replace Jerry Yang, the current chief Yahoo.
Yang, of course, is one of the casualties of Yahoo!’s ongoing strategic woes. But Vodafone may not escape similar woe. An announcement of sizable Vodafone job cuts has been expected in Europe since early November.
Sarin stepped down in July.
