Archive for the ‘Sad’ Category

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.

Icahn: Yahoo! Twists and Distorts Facts

Monday, July 14th, 2008

Carl Icahn: Over the years I have attempted to make changes at many companies but I have yet to see a company distort, omit, and twist events and facts in the manner that Yahoo! has done in their press release issued Saturday night, July 12th. http://www.businessweek.com/technology/content/jul2008/tc20080714_030021.htm

Love that SJ Mercury Headline

Friday, June 27th, 2008

"Besieged Yahoo to restructure once again" Hey! They just call it like they see it! The sub-headline is also pretty fucking sweet: "INVESTORS SHRUG; STOCK DIPS 3%" http://www.mercurynews.com/business/ci_9716254

“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 ...