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M$1.00  Funded By Mahalo ? |  April 15, 2009 03:23 PM

Does Yahoo reorganization strategy make sense? When internet companies cut costs does it signal trouble? Is Yahoo acting like a utility?

http://www.wired.com/techbiz/media/news/2009/04/reuters_us_yahoo

Yahoo is laying off several hundreds of workers in the first rounds of cuts

Yahoo is the number 2 search provider with roughly 13,600 employees, down more than 1,600 employees from third quarter 2008.

What partnerships is Yahoo exploring?

The search company has projected that sales in the first quarter could be down as much as 16 percent at $1.53 billion.
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cjd cjd
 
 April 18, 2009 10:40 PM
It looks like Yahoo is definitely suffering from the Global Economic Downturn. With Google being the main Search Engine and MSN and Gmail being much more popular than Yahoo Mail - it looks like it is a heavy downhill for Yahoo.

I think that when a internet company is cutting costs it means trouble. Of course, it may also mean they are realising they are wasting money on unnecessary workers - but really it is down to the GED.

Asker's Rating:
• When internet companies start cutting costs, it usually means trouble.


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