Yahoo To Cut Another 1,000-Plus Jobs, WSJ Says
BARRONS.com: Tech Trader Daily —
Yahoo (YHOO) is about to announce a new round of job cuts, according to the Wall Street Journal.
The WSJ story says the company will announce major cost-cutting moves as soon as Tuesday, when the company reports Q2 earnings. According to the Journal, the company will announce a round of job cuts that will exceed the 1,000 cuts its made in January.
The Journal reports that “some Yahoo managers have also been asked to identify operating budget cuts of around 15%,” according to “people familiar with the matter.” The story says U.S. ...
Yahoo management orders budget cuts [Layoffs]
Gawker: valleywag —
... ? They're now Wall Street Journal official, which means someone in upper management decided to talk to a reporter at the newspaper before Yahoo's own employees got the word. Not that there is yet any word on how many Yahoos, exactly, are losing their jobs; Yahoo managers have been ordered to cut their budgets by 15 percent, but decisions on specific jobs won't come for weeks. Once again, Yahoo's grinding bureaucracy and nice-at-all-costs culture is keeping it from making the swift decisions its business — and its workforce — needs. ...
No surprise. Yahoo expected to announce layoffs
Between the Lines —
... and Wall Street Journal that it would likely be more than 1,000. The job cuts reportedly would come from across the company. The news shouldn’t come as any surprise. Last month - on Sept. 24, to be exact - ...
Getting Fit With Jerry Yang, Redux
Digital Daily —
... The new fitness program to which Yahoo CEO Jerry Yang referred in his last all-hands memo to employees is expected to begin Tuesday. Yahoo (YHOO) is to report quarterly earnings tomorrow and it will announce layoffs along with them. Sources tell The Wall Street Journal that the company is planning to sack at least as many employees as it did in January, when it fired 1,000 of its 15,000 workers. That’s not ...
Yahoo May Announce Layoffs This Week
Wired: Epicenter —
... Yahoo has also been in talks with Time Warner for a possible deal with AOL, but nothing has emerged beyond rampant speculation. And a Google-Yahoo search advertising deal has hit regulatory roadblocks while facing heated criticism and concern from competitors.
A number of other tech companies have announced layoffs over the past few weeks in light of the current economic crisis, including eBay, hi5 and Pandora.
Yahoo Plans Major Cost Cuts, Including Layoffs [WSJ]
If Yahoo! cuts costs, would other Internet divisions hurt too?
BloggingStocks —
... (NASDAQ: GOOG) would take up such a huge amount of overall Internet marketing budgets. Its earnings show that it is sucking all of the air out of the room of online budgets. Search advertising is apparently even more effective than display.
If Yahoo!, which is the company with the largest share of display ads is hurting so badly, what does that mean to the Internet divisions of huge media conglomerate like News Corp (NYSE: NWS), which owns MySpace, or Viacom (NYSE: VIA)? It means no good.
Douglas A. McIntyre is an editor at ...
More than 1,000 Yahoo jobs on the chopping block
VentureBeat —
This week, Yahoo is expected to roll out a slew of cost-cutting measures, including layoffs of potentially more than 1,000 employees. Exact plans may be released tomorrow concurrently with what is expected to be a disappointing third quarter earnings report.
While talk of staff cuts has been in the air since 1,000 were let go in February, and reports of this second round have been circulating the blogosphere for weeks, the company is now confirming the rumor through major print outlets. The layoffs, foreshadowed by a major slowdown in hiring and the recent termination of several dozen outside recruiters, are anticipated to ...
Quick Bits: Pain at Yahoo and Other Pressing Questions
Bits —
When it comes to third-quarter revenue, we found out that the Obama campaign blew through analysts’ expectations. Google didn’t do too badly, either. But this week we’ll have a lot more indicators from technology companies that may not be leading such charmed existences. Monday, Netflix and SanDisk report. Tuesday, it is Yahoo and Apple. Wednesday, we’ll hear from AT&T and Amazon. Thursday is Microsoft day in the tech world. And Friday, the tech stock analysts shall rest. As I read the week’s first tech news, I find myself with more questions than answers. Mainly, I’m trying to figure out how bad the recession is and who will be hurt. And as always, I’m ...
Hey, you with the scythe — Halloween party’s not till … aghhh!
GMSV —
The specter of massive layoffs has been looming over Yahoo since, well, since shortly after the company laid off 1,000 workers in January , so the only real suspense has been of the bad horror movie variety — waiting to see who gets it and how. Now the creepy music is getting louder, setting up a scene Tuesday in which CEO Jerry Yang is expected to chop through a door during the third-quarter earnings announcement and begin the bloodletting. The body count, according to sources, is expected to be as high or higher this time, perhaps 10 percent of the company’s 14,300 employees. Aside from layoffs, the Wall Street Journal’s sources ...
Yahoo in the Hands of Developers
Mashable! —
Many people are waiting for the death of Yahoo. Regardless of the impending layoffs and restructuring, Yahoo is still fighting for the future.
The big question for Yahoo is what future does it have? Should they try to get into the social network scene? Well, they already failed once with Mash and have had lackluster results with their other social effort Yahoo 360. Or should they try to go bleeding edge, and instead of just integrating some semantic technologies, go “whole hog” and develop a semantic search engine?
Well, Yahoo has been developing its version of the future for several months. This week we ...
Yahoo's blues: Looming layoffs, tense call
Betanews —
Yahoo's blues: Looming layoffs, tense call By Angela Gunn , BetaNews October 20, 2008, 6:12 PM Yahoo's in the middle of rolling out a new front page -- a phrase that ought to enter the lexicon next to "rearranging deck chairs on the Titanic" if rumors of significant layoffs are true. The rumor mill is having its way with Yahoo again this week, as talk of staffing cuts sets nerves on edge before Tuesday's quarterly earnings call. A report in The Wall Street Journal following days of Silicon Valley whisperings states that a person "familiar with the matter" (boilerplate language when the call is coming from, as they say, inside the ...

