UPDATED: It's not quite a throwback to the massive cuts that terrorized the tech giant a few years ago, but it could be a hint of blood in the water.
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Yahoo laid off 2,000 people yesterday. The move buys new CEO Scott Thompson time, but it doesn't buy him answers.
Yahoo is expected to send more than 2,000 employees their pink slips today or this week, laying off 15 percent of its workforce. A company cultural shift, or moves towards a sell?
Most of the job cuts will happen withing Yahoo's product, research and marketing units.
We've already heard that Yahoo is looking to make massive layoffs. Another rumor now suggests that the Yahoo Research division is going to take a big hit. Both Google and Facebook are very interested.
CEO Scott Thompson reportedly prepping major restructuring which will include "thousands" of layoffs. Yahoo declines comment, says leadership team in process of making "strategic change".
Cut spending in some areas and then aim that investment at businesses that can generate revenue growth. The problem? Yahoo hasn't outlined a growth plan yet.
Chief financial officer Tim Morse has become interim chief executive, following Carol Bartz's departure after two-and-a-half years heading up the struggling digital media company
Yahoo today confirmed that it plans to layoff about 140 employees today, roughly one percent of its global workforce, as the company continues to struggle with a turnaround plan to revive it. The cuts are focused around the marketing team, according to an unnamed source who spoke to the New York Times.
Uh-oh. It looks like someone has leaked the details of the products being cut and merged over at Yahoo - and it appears that management there isn't all that happy about the leak.
The layoffs are now official. Yahoo today handed out pink slips to 4 percent of its workers, or about 560 people, according to reports.
There won't be much holiday cheer at Yahoo today, if reports about a round of layoffs are true.Word is that anywhere from 650 to 700 people will lose their jobs today, mostly in the product groups headed by Blake Irving, a former Microsoft exec brought in by CEO Carol Bartz in April as part of a massive turnaround effort for the company.
Despite American reports of Yahoo layoffs, local staff will be safe until next year.
Chief Yahoo Jerry Yang on Wednesday confirmed the company's layoffs in the U.S.
As most of the free world knows Yahoo layoffs begin today and they will happen live due to the number of employees involved, Twitter and tips that are filtering through numerous blogs.On the one hand Yahoo's layoffs are newsworthy, but is the company's restructuring all that different than any other company?
Here are today’s notable headlines. You can get News To Know via email alert and RSS daily:Sam Diaz: No surprise.
Word leaked out over the weekend that Yahoo is planning layoffs when it reports quarterly earnings on Tuesday afternoon. The exact number of jobs affected is unknown, thought sources told the San Jose Mercury News and Wall Street Journal that it would likely be more than 1,000.
Like RSS pioneer Dave Winer, I wonder what Microsoft thinks of Yahoo CEO Jerry Yang's choice of layoffs? He sure picked some high-profile, strategic folks who Microsoft would, no doubt, love to have added to its ranks as part of its planned Yahoo acquisition.
Being laid off stinks. Amid all the announcements and clinical discussion about downsizing at Yahoo it's easy to forget there are real people losing jobs.
Yahoo's fourth quarter results Tuesday were better than expected, but the company's outlook for 2008 disappointed. Meanwhile, Yahoo didn't deliver layoffs as many prognosticators were expecting, but CEO Jerry Yang said a workforce review and a targeted "jobs realignment" will begin in February.
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