Yahoo! Layoffs Coming
According to TechCrunch, the Wall Street Journal, and various search engine blogs around the web, Yahoo! is planning to layoff between 1,000 – 3,000 employees.
Now as we know, recession coming or not, Yahoo! would have had to do some layoffs regardless due to it’s current state. But with the financial market what it is Yahoo! is probably quite worried.
With 14,000+ employees, will a few thousand make a difference to the operatiions–probably not. But as TechCrunch aptly puts it Yahoo! has been talent starved and making the pool even more shallow is not going to help.
If the layoffs our, it will be the second series of layoffs for the major company just this year. In January they laid off 1,000 employees.