Archive for the ‘Desperate’ Category

The Axe is (finally) falling!

Wednesday, December 10th, 2008

Yeah, you read it right -- The Big Purple Y! is finally running their layoffs, almost three months after they hire "Bobs" to cut staff (and of course denying anything of the sort would happen). Stories: http://valleywag.com/5106184/yahoos-secret-layoff-doublespeak-revealed http://valleywag.com/5106683/jerry-yangs-incompetent-layoff-memo http://valleywag.com/5106644/the-long-goodbye

Yahoo Hires Two Bobs, and will Layoff 15% of its Workforce

Tuesday, September 23rd, 2008

After dumping money onto the consulting company Bain (you know, the two "Bobs" from Office Space?), and denying it was to confirm layoffs (who doesn't hire Bain to confirm layoffs?), Yahoo's now going to layoff 15% of its workforce.

“Realignment” (equals Re-org equals layoffs to come soon)

Friday, June 27th, 2008

Yahoo! Announces Realignment to Support Core Strategies Thursday June 26, 1:44 pm ET Centralizes Audience Product Development; Forms New U.S. Region; Realigns Technology Organization SUNNYVALE, Calif.--(BUSINESS WIRE)--Yahoo! Inc. (Nasdaq:YHOO - News), a leading global Internet company, today announced changes to its organization aimed at improving its products, technologies and execution. The moves support ...

SEC Filing: Blaming Morale Problems on Microsoft

Friday, February 29th, 2008

It's no surprise that Yahoo is having morale problems, but blaming this on Microsoft in the most recent SEC filing seems to be taking the victim role too far: The review and consideration of the Microsoft proposal (and any alternate proposals that may be made by other parties) have been, and ...

Bloomberg: Yahoo to Offer Severance Plans After Microsoft Bid

Wednesday, February 20th, 2008

Now that a bunch of people have been cut, the games with severance pay, benefits, grants, and options are being played to either fend-off... or more likely "pump up the value" of Yahoo. From Bloomberg: Full-time employees would get at least four months of severance pay and executive officers will get ...