Yahoo no longer yodelling

[DrLeftover]

Yahoo CEO Scott Thompson pledged in a March 14 email to lean forward into changing the company's direction. This morning he sent another email, announcing the layoff of 2,000 employees.

Yahoo began its official release with this: Today's actions are an important next step toward a bold, new Yahoo! -- smaller, nimbler, more profitable and better equipped to innovate as fast as our customers and our industry require.

It goes on to boast of nearly 700 million users and thousands of advertisers.Layoffs had been rumored since Thompson took over about four months ago.

http://www.nbcbayarea.com/news/local/Yahoo-Lays-Off-2000-Today-146085655.html?dr





More:

http://finance.yahoo.com/news/yahoo-statement-131500015.html

 

[Jazzy]

Sorry to hear all these people are being laid off. All I can say is I hope they make improvements to their chat & mobile text feature. Right now it stinks!

 

[Flurry]

Uh-huh, something tells me this is the first step into them going bye bye. They didn't really have to lay off all those people just to improve the features. The real reason I bet they laid off these people is so that they could afford the money for the court costs in their fight against Facebook.