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Yahoo: Layoffs Begin But What Next?

Dec 11th, 2008 | Category: News
By Jimmy Vu

Today Yahoo began laying off 1,500 employees, about 10 percent of its workforce, as a plan announced in October.

However, this may not the last bad news to Yahoo’s staff yet. After months in trouble with many changes and mistakes, Yahoo is now hit badly by the worse economic climate.

Cut costs, cut costs more” — It seems to hear the shouts from all levels of Yahoo’s executives as the last chance to survive on a sinking ship after they refused the salvage from the mighty Microsoft. Simple solution to save its ship now came by throwing a part of its crew into the sea, yet it appears still burdened with the rest. So, what’s the next to eliminate?

Brad Williams, a Yahoo spokesman, disclosed that there could be additional staff reductions next year, and many major offices around the world would be closed including ones in Dusseldorf, Hamburg, Stockholm, Amsterdam, Oslo, and Copenhagen. Smaller offices in US and Asia would be the next victims.

The question is how many the layoffs would be in Yahoo? As Google eliminated one third of its workforce recently (though all were defined “temporary workers”), Yahoo would be expected to come to that number or even more. That would translate to about 3,000 more jobs to be cut in 2009?

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  1. hope and change,,need some alka seltzer

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