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 ...

RealNetworks announced today to lay off 130 employees or about 7.5 percents of its workforce "to bring expenses in line with current and prospective economic realities", cited Bill Hankes, VP, Corporate Communications, from the company blog. In addition, the Seattle-based company is cutting 30 contractor positions and consultants. "Telling someone that you're eliminating their position is among the most difficult conversations a manager can have," Bill Hankes says on the blog post. The company allows departing employees to "conduct job searches for other ...

The first sign of the downsizing fever was seen last week when Google announced to shut down 5-month old service: Lively. Now it is said that Google may be preparing to cut thousands of jobs. Probably as much as 10,000 workers (and counting) will no longer enjoy the air of Googleplex. In fact, according to internal source, Google has been quietly fired hundreds of employees in the past few months without reporting to Securities and Exchange Commission (SEC) or publicizing the ...