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Yahoo to proceed with layoffs starting Wednesday
Boy Genius Report —
... In a bit of somber Monday morning news, it appears as if Yahoo is going to proceed with its planned end of the year layoffs which are expected to occur on Wednesday. Originally announced by Jerry Yang on October 21st during Yahoo’s last earnings call, the layoffs have been overshadowed by the news of the dethroning of Jerry Yang and the constant and sometimes false rumors of a Yahoo-Microsoft deal. Pushed aside but not forgotten, a new report provides additional details about the impending Yahoo layoffs: ...
Around the Web 12.8.08: Wii at Wal-mart, top iPhone games
L.A. Times Tech Blog —
... -- But it's hard to complain too much if you're still employed. Yahoo's previously announced layoffs are reportedly coming Wednesday. BoomTown ...
Massive Yahoo! Layoffs Expected on Weds
AppScout —
... The company's expected to layoff some 1,500 workers on Wednesday, according to The Wall Street Journal. The eventual number, however, may rise as high as 2,000. The layoffs are expected to hit all sectors of the company, but the worst affected are likely to be human resources and finance. ...
News Bits: Yahoo Layoffs Finally Happening
Contentinople: —
... (Nasdaq: YHOO) layoffs will go down. Yahoo will lay off 1,500 employees from across the board (although human resources and finance will take the biggest hits), BoomTown 's Kara Swisher reports. That number could eventually be upped to 2,000, due to worsening economic conditions. Even with that increase, though, the total is still less than than the 3,000 layoffs consulting firm ...
Yahoo: Job Cuts Reportedly Coming On Wednesday
BARRONS.com: Tech Trader Daily —
Yahoo (YHOO) will “definitely” be announcing a round of layoffs on Wednesday, according to AllThingsD.com.
According to the report, the number of layoffs is likely to be 1,500, although the eventual number could be as high as 2,000.
YHOO today is up 37 cents, or 3.2%, to $12.03.
...
Yahoo’s “Home for the Holidays” program set to launch Wednesday
GMSV —
... “) will start to feel the cold bite of the ax come Wednesday, according to BoomTown’s Kara Swisher . The word she’s gotten is that the target number remains around 1,500 (though it could reach 2,000); that the cuts will be made across the board, but departments with staff-heavy costs, like human resources and finance, may be harder hit; and that the affected employees will be told their fate Wednesday morning and given the “normal separation period” — a few hours — to clear out their desks. Swisher’s sources say yet more reorganizing may accompany the reductions, as entire ...
Yahoo's last hurrah [Party Report]
Gawker: valleywag —
... Why is CEO Jerry Yang all smiles in these pictures with employees, some of whom he's about to lay off? Well, he's losing his job, too — as soon as the company finds a replacement. (The search is going so poorly that the company may end up tapping a board member out of sheer expediency.) Perhaps that sense of impending loss has allowed the company's billionaire founder to chum around so convincingly with rank-and-file Yahoos at a suburban racetrack south of San Francisco, dolled up to look like a poor imagining of Las Vegas. ...
QOTD
Digital Daily —
... left without jobs in a deepening recession right before Christmas will have the comfort of knowing they weren’t let go because they were the bottom 10%, they were let go because their managers failed to convince their bosses that those projects were ones that mattered. And since the big bosses didn’t know most of those people, great talent was let go, while deadwood remained (and remained.)
– Former Yahoo employee Susan Mernit says there’s no reason to think this round of company layoffs will be any different from the last round ...
Yahoo: ‘Let us Eat and Drink, For Tomorrow Your Jobs Die’
Digital Daily —
... Come Wednesday Yahoo (YHOO) will sack some 1,500 employees, depriving them of their livelihoods and turning them into data points on a U.S. Bureau of Labor Statistics unemployment graph. That it will do this amid the worst recession in 50 years is understandable. ...
Yahoo Layoffs To Start Tomorrow
paidContent —
So say a number of reports: this is the 1500 job cuts announced in October, and even though the situation has worsened since then, no major additional cuts have been added to the list. The cuts are across the board, but HR and finance will take a major hit. Some major products may be shut down as well, as a result, though no word to employees about it yet. Meanwhile, the quest for new CEO continues and the drum beats louder for a quick replacement to Yang…
Mark Logic Digital Publishing Summit, Thursday November 6, Westin ...
Yahoo To Lay Off More Than 1,000 Workers
InformationWeek - All Stories And Blogs —
Yahoo employees are likely get pink slips as early as Wednesday morning, according to a report in Dow Jones' All Things Digital technology news site. Yahoo CEO Jerry Yang announced during an earnings report Oct. 21 that the company would lay off 10% of its employees, or about 1,500 people. All Things D's Kara Swisher said in a post Tuesday that many Yahoo workers had asked her for details since information was unavailable within the company. Swisher said that entire projects could be eliminated in an effort to continue restructuring Yahoo. She confirmed the number of ...
Yahoo To Layoff More Than 1,000 Workers
InformationWeek - All Stories And Blogs —
Yahoo employees are likely get pink slips as early as Wednesday morning, according to a report in Dow Jones' All Things Digital technology news site. Yahoo CEO Jerry Yang announced during an earnings report Oct. 21 that the company would lay off 10% of its employees, or about 1,500 people. All Things D's Kara Swisher said in a post Tuesday that many Yahoo workers had asked her for details since information was unavailable within the company. Swisher said that entire projects could be eliminated in an effort to continue restructuring Yahoo. She confirmed the number of ...
A guide to Yahoo's mass layoff [Meltdowns]
Gawker: valleywag —
... Who will get the ax: No one's safe. Upper management at the company insisted that departments across the board make personnel cuts. But finance will be hard hit; a source inside that group says 50 percent of the workforce could go. Likewise HR, since fewer employees require fewer administrators. Kara Swisher, the AllThingsD blogger, thinks entire projects might be eliminated. Yahoo currently lists ...
