www.paidcontent.org/entry/419-big-yahoo-layoffs-coming-soon
NSDQ: YHOO) response just came in--no numbers but confirmation that signification shifts are underway: "Yahoo! has embarked on a multi-year transformation that includes making tough decisions about the business to help the company grow. has focused its efforts to support its strategy to become the indispensable starting point for consumers, advertisers, publishers and developers. plans to invest in some areas, reduce emphasis in others, and eliminate some areas of the business that don't support the Company's priorities. continues to attract and hire talent against the company's key initiatives to create long-term stockholder value." Original: We have been following a tip since the start of January, that Yahoo is preparing ground for a big round of layoffs, and have been digging since on clues and leads.
SAI gets an anonymous tip (ours wasn't) which says the same thing, with a number to it: that the company has created a list of 1,500-2,500 jobs that may be eliminated in the next two weeks, and CEO Jerry Yang will decide whether to go ahead or not. Yahoo is announcing its Q407 earnings on Jan 29th, so one school of thought is the company will do the call, see what the hit is to its stock and then decide on the cuts, one way or the other.
FT story in November: Yahoo staff was given until Q1 2008 to revamp the poorly performing parts of its European business, or these would be closed down or sold. Also, the FT story said Yahoo could think about outsourcing some European search operations to third parties, which would affect the company headcount as well.
Then, there are Yahoo's stakes in Yahoo Japan and Alibaba, which the column says could be spun-off into a different unit and spun off. This may be the radical rethink Yang had promised in the first 100 days of his taking over as CEO, only delayed by another 100 days or so.
has focused its efforts to support its strategy to become the indispensable starting point for consumers, advertisers, publishers and developers." powers and delights our communities of users, advertisers, and publishers - all of us united in creating indispensable experiences, and fueled by trust." And they've decided that they're not fueled by trust' anymore. plans to invest in some areas, reduce emphasis in others, and eliminate some areas of the business that don't support the Company's priorities." Again, from their website, their 4 business pillars are: "Content: Access it, personalize it, contribute to it. Search and Marketplace: Locate and display any and everything. Community: Empower users to express and connect, enable people and information to interact. Personalization: What, how, when and where users want Yahoo!" continues to attract and hire talent against the company's key initiatives to create long-term stockholder value." has embarked on a multi-year transformation that includes making tough decisions about the business to help the company grow." What *is* definitely happening is the realignment of employees, moving them away from properties that are seen as less strategic to properties that are seen as mission-critical. Some of the deprioritized properties seem to be running skeleton crews at this point. I am not a person of any consequence, but I am among the millions of others who are just like me. Together we are something that should be listened to by Yahoo. When I read above that they might be considering doing away with the Answers Team... Answers seems to be one of the most successful projects that they have ever conceived and then put into action.. There are millions of people like me who know how to turn on a computer and log onto the internet. And that is about as far as it goes with knowledge of how a computer works and how the internet works.. Most large sites do not have that in mind when they set up their services to the public. They have been the most newbie user friendly site that is out there for us to use. We have had no communication from their 360 Product Blog in 3 months. Lack of care and communication of thier account holders is what is going to bring this company to its knees soon. If there is no one at the site to click onto the advertising.. The advice from this one person who is among the millions who click onto and use your site everyday is this... you can pull it out of the fire if you will let the people in on what the major problem is.. and we will help you work it out, but you have to start listening to us and actually doing what the majority of the people ask you for.. not what you think would be just something super neat to try.. You have been a friend to me, and millions of other people.
|
http://csua.com/feed/