Yahoo Layoff

mrizos · 01-22-2008, 11:29 AM

I just heard that Yahoo is laying off hundreds of workers. Anyone know if this is true?

BrainPower · 01-22-2008, 12:05 PM

yes, this was announced on cnbc this morning. Here is the link through yahoo finance. There is no exact numbers of people , more of speculation for now

http://biz.yahoo.com/ap/080122/yahoo_layoffs.html?.v=8

biohammer · 01-22-2008, 12:29 PM

Let hope they are just cutting the fat to be more competitive.

nicholas · 01-22-2008, 12:55 PM

Not likely. Google's really been killing them. Sure they'll blame the economy now or something else tomorrow, or that they're more of a media business than a search one. But the truth is, people see them as a direct competitor to Google, and have been losing market share continuously over the years. It's sad, particularly that some of their properties are really good and overall undervalued.

Peter · 01-22-2008, 01:41 PM

Originally Posted by biohammer

Let hope they are just cutting the fat to be more competitive.

That is the reason being cited but there are predictions of others following suit. Seems to be related to possible recession talk going about.

richrf · 01-22-2008, 01:52 PM

Yahoo has not really executed very well on many of its initiatives. They will probably try to consolidate and try to become more competitive. Times are lean, and revenue is becoming more difficult to come by.

Rich

liquidcherry · 01-22-2008, 02:26 PM

If i would be google i would give the laid off workers jobs right away :-)

To be honest, it is said but true, it will always be the case that instead of cutting the big paychecks of the execs they get rid of the working horse first :-(

Cheers,

Frank

jakomo · 01-22-2008, 04:49 PM

Hello,
Yahoo needs to start with something new, right now they are a portal, Google everytime have new ideas..

Best

tricolorro · 01-22-2008, 04:53 PM

Originally Posted by biohammer

Let hope they are just cutting the fat to be more competitive.

Yes.

They recently closed down their auction site.

They closed down their photo sharing site.

I heard they were going to close down Yahoo Stores.

= a lot pf people with nothing to do.

Patrick

Originally Posted by liquidcherry

..it is said but true, it will always be the case that instead of cutting the big paychecks of the execs they get rid of the working horse first
????: NamePros.com http://www.namepros.com/industry-news/422073-yahoo-layoff.html
...Frank

Yea, that's the usual result...but they did get rid of Terry Semel.

Patrick

01-22-2008, 11:29 AM	THREAD STARTER #1 (permalink)
mrizos NamePros Regular Join Date: Jun 2007 Posts: 693	Yahoo Layoff I just heard that Yahoo is laying off hundreds of workers. Anyone know if this is true?

01-22-2008, 12:05 PM	#2 (permalink)
BrainPower NamePros Regular Join Date: May 2006 Location: New Jersey Posts: 961	yes, this was announced on cnbc this morning. Here is the link through yahoo finance. There is no exact numbers of people , more of speculation for now http://biz.yahoo.com/ap/080122/yahoo_layoffs.html?.v=8 __________________ Hysterical Jersey Shore Party Spoof - JerseySpoof.com

01-22-2008, 12:55 PM	#4 (permalink)
nicholas NamePros Regular Join Date: Dec 2003 Location: The Beach Posts: 584	Not likely. Google's really been killing them. Sure they'll blame the economy now or something else tomorrow, or that they're more of a media business than a search one. But the truth is, people see them as a direct competitor to Google, and have been losing market share continuously over the years. It's sad, particularly that some of their properties are really good and overall undervalued. __________________ Newsback.com -- Commentary and backstories of the news -----------------------------------------------

01-22-2008, 01:52 PM	#6 (permalink)
richrf NamePros Regular Join Date: Dec 2005 Posts: 424	Yahoo has not really executed very well on many of its initiatives. They will probably try to consolidate and try to become more competitive. Times are lean, and revenue is becoming more difficult to come by. Rich __________________ LINKS.COM For SALE SUBMIT a LINK to LINKS.COM

01-22-2008, 02:26 PM	#7 (permalink)
liquidcherry Senior Member Join Date: Jul 2006 Location: in my dreams Posts: 2,624	If i would be google i would give the laid off workers jobs right away :-) To be honest, it is said but true, it will always be the case that instead of cutting the big paychecks of the execs they get rid of the working horse first :-( Cheers, Frank __________________ Credit\|Get married?\|Sniper Mag, your source for reality!

01-22-2008, 12:29 PM	#3 (permalink)
biohammer NamePros Member Join Date: May 2007 Location: Santa Fe, NM Posts: 159	Let hope they are just cutting the fat to be more competitive.

01-22-2008, 04:49 PM	#8 (permalink)
jakomo NamePros Member Join Date: May 2007 Posts: 114	Hello, Yahoo needs to start with something new, right now they are a portal, Google everytime have new ideas.. Best __________________ Make REAL Money Buying and Selling Expired Domains

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