Submit a Story!
topics:

Tough times
As we announced in October, we’ve been aggressively managing our costs to bring them in line with the challenging economic conditions. Unfortunately, that means laying off employees –- by far the toughest part of being a manager. Here’s the email I sent to Yahoos today: yahoos,

 today, ...
Tough times (Jerry Yang/Yodel Anecdotal)
techmeme.com — Jerry Yang / Yodel Anecdotal : Tough times   —  As we announced in October, we've been aggressively managing our costs to bring them in line with the challenging economic conditions.  Unfortunately, that means laying off ... (more) Tough times (Jerry Yang/Yodel Anecdotal)
Electronista | Yahoo CEO steps down, stays on board
Electronista | Yahoo CEO steps down, stays on board
macnn.com — A somewhat predicted conclusion to Yahoo's recent rough ride sees company co-founder Jerry Yang leaving his post as CEO after a suitable replacement is found to take Yahoo to "the next level." CNN Money reveals that chairman Roy Bostock is conducting ... (more) Electronista | Yahoo CEO steps down, stays on board
Jerry Yang's incompetent layoff memo [Yahoo Layoffs]
Jerry Yang's incompetent layoff memo [Yahoo Layoffs]
valleywag.com — Yahoo has a strict set of rules to follow in layoffs: No small talk. Get to the point. Don't own the employee's feelings. Did Jerry Yang, the stumbling Internet company's cloddish founder-CEO, follow them in his latest all-hands memo? Of course not! ... (more) Jerry Yang's incompetent layoff memo [Yahoo Layoffs]
1 Comment
Blog Reactions

Laid Off Yahoos, Jerry Salutes You
BARRONS.com: Tech Trader Daily — As has been widely report around the Web, Yahoo (YHOO) today laid off about 1,500 people, roughly 10% of its staff. Yahoo just posted a copy of the note CEO Jerry Yang sent to the company’s staff: yahoos,

 today, most of our layoffs in the US are happening, and they’ve been underway in other regions around the world. 

 this is a tough time for all of us and i wanted to take a moment to reach out to you.
 
 saying goodbye to colleagues and friends is never ...

Yahoo Layoffs Today May Not Be Last
Bits — ... Yahoo executives are still evaluating which projects will be de-emphasized or cut altogether. “This is more of a cost reduction rather than business prioritization,” he said about the layoffs. “Business prioritization will continue going forward. We are looking at businesses we may put into maintenance mode.” In addition, the company is going to be looking for ways to cut expenses further, by curtailing travel, procurement and other areas. Yahoo chief executive Jerry Yang penned a farewell note to laid off employees on the company’s blog. If you want to know how managers ...

Being Yang means never having to say you're sorry to departing Yahoos
L.A. Times Tech Blog — ... officially get their pink slips. So the soon-to-be-replaced CEO and founder sent out this e-mail to Yahoos with no reason to yodel as their colleagues ...

Layoffs in the Era of Twitter
Screenwerk — ... Matt McGee posted on the Yahoo layoffs, happening today. Here’s Jerry Yang’s fairly standard-issue post as well. I know some people at Yahoo and don’t know whether/how many are being laid off. Sometimes misfortune in the near term turns out to be a blessing over the long term. Stepping back from the human part of all this, which is sad, an aspect of this that’s really fascinating is the way in which it’s being broadcast “live” by people on Twitter. Silicon Alley Insider has a bunch of Twitter posts: ...

That’s not yodeling, it’s ululating
GMSV — ... . If they made a final check of their e-mail, the exiting employees found one last lower-case missive from co-founder Jerry Yang , long on sympathy and absent any apology from the man about to vacate the CEO’s office after presiding over a devastating downturn in the company’s fortunes (see “ ...

Yang: Layoffs ‘very hard,’ ‘very necessary’
Between the Lines — ... Chief Yahoo Jerry Yang on Wednesday confirmed the company’s layoffs in the U.S. were underway and said the restructuring was “ very hard, but they are also very necessary .” Yahoo’s job cuts, reportedly 1,500 or so, are essentially being ...

As Yahoo Layoffs Start Today, More May Come Soon; Six Offices Closed in Europe
paidContent — ... Meanwhile, Jerry Yang's farewell note, sent out today to employees, is here. Likely his last lower-case ditties for a while… ...

Massive Layoffs at Yahoo
Andy Beal's Marketing Pilgrim — Yahoo has followed through with the previously expected layoffs. If the Twitter conversations weren’t confirmation enough, Jerry Yang has blogged about the mass layoffs. Notice how the “shift” key is broken on Yang’s computer: yahoos, today, most of our layoffs in the US are happening, and they’ve been underway in other regions around the world. this is a tough time for all of us and i wanted to take a moment to reach out to you. saying goodbye to colleagues and friends is never ...

10 Pieces of Unsolicited, Unsophisticated Advice for Yahoo
Technologizer — ... and the massive layoffs it’s conducting today . I mention this not because it makes me special but because it’s so completely ordinary–for millions of folks, it’s hard to imagine a Web without Yahoo and Yahoo-owned services such as Flickr. I’d love to see Yahoo thrive in the years to come. I call the advice that follows “unsophisticated” because it has nothing to do with issues like the company’s stock price or ad sales strategy or overall financial health. And most of it is probably as painfully obvious as it is sincere. (Much of it, I’m sure, the company is doing right ...

Jerry Yang’s Entire Memo to the Yahoo Troops About Layoffs (Except Not the Part About Maybe More to Come)
BoomTown — Here’s Yahoo CEO Jerry Yang’s entire internal memo to the staff of the Internet giant about the layoffs, which took place today. (You can see the Yahoo version of the memo here.) There’s no need for translation, except to say–as Yang did–that it is the worst of times for any company. Except, as BoomTown previously reported, that there might be more layoffs to come, which a Yahoo (YHOO) spokesman told the New York Times. Said Yahoo’s Brad Williams: “There could be ...

Linkpost | 12.11.2008
TechBlog — ... - That's because most corporate blogs are full of repurposed press releases. It doesn't have to be that way. • Tough times - Jerry Yang's e-mail announcing the start of layoffs at Yahoo. Also ...

Related Content
Tough times, tough decisions
blog.jeffhaynie.us 10/17/2008 — It’s time to hunker down and take my own advice - advice that I think every startup (and every business in general) should be considering right now. The economic future is uncertain for everyone around the globe - and Appcelerator is not immune ...
Tough times, hard decisions.
calacanis.com 10/22/2008 — Given the challenging economic environment, we’ve decided to cut costs at Mahalo. Although we’ve got a significant amount of cash on hand, and the business is ahead of schedule in terms of traffic (4m uniques a month, double where we ...
Loic Le Meur Blog: Tough times. Tough decisions.
loiclemeur.com 10/10/2008 — As you will no doubt know we are all operating in some very challenging and uncertain times right now. It's never easy to address topics like this but as a company we have felt the need to get Seesmic ready for what most are anticipating to be a bleak ...
Things are tough all over
kotaku.com 10/31/2008 — things are tough all over EA Loses $310 Million, Sees "Weakness At Retail" In October Electronic Arts announced its Q2 results today, posting a $310 million net loss for the quarter, despite seeing an increase in revenue totaling $894 million. That's ...
Despite Tough Times, Some Mobile Companies Still Receiving Capital
airbornemobile.com 1/12/2009 — Airborne Mobile Inc., a leader in the mobile media industry, today announced the closing of a $2 million growth financing round with iNovia Capital. This funding allows Airborne to maintain its expansion and launch new product offerings, such as an an interactive cable TV network.
Yang Is Forced Out At Yahoo - No Question About It
furrier.org 11/18/2008 — Mike Arrington has the post up with a release from Yahoo. There is no question in my mind that Jerry Yang was forced out of town on a “rail”. I hate to see this, but the mob got him. All that value flushed down the market toilet. ...
BoomTown Scoop Confirmed: The Entire Yahoo Press Release on Yang Stepping Down as CEO
kara.allthingsd.com 11/22/2008 — As BoomTown reported earlier today in an exclusive scoop , Yahoo has confirmed that CEO Jerry Yang will be stepping down and a search for his replacement is underway. (Yang also penned a memo to Yahoo employees about the move .) Here is the ...
Yang To Step Down From Yahoo
techcrunch.com 11/18/2008 — Expect Yahoo’s share price to jump tomorrow - Jerry Yang will be stepping down as CEO of the company. The press release: Yahoo! Conducting Search for New CEO Co-Founder Jerry Yang to Step Down Following Appointment of New CEO and Return ...
Yahoo’s Jerry Yang to Step Down, As a Search for New CEO Commences
kara.allthingsd.com 11/17/2008 — Yahoo CEO Jerry Yang will step down from his job as CEO, said sources close to the company, as soon as the board finds a replacement for him, in what sources close to the situation call a joint decision by him and the company’s directors.  ...
Jerry finally steps aside at Yahoo
mathewingram.com 11/19/2008 — Why did it take so long? That’s the only question that remains unanswered when it comes to Jerry Yang and his erstwhile leadership of the company he co-founded, at least as far as I’m concerned. It didn’t really make any sense for ...