LPH submitted a new blog post:
Tip: Yahoo May Cut 1,500-2,500 Jobs Within 2 Weeks
Tip: Yahoo May Cut 1,500-2,500 Jobs Within 2 Weeks
Continue reading the Original Blog PostSilicon Alley Insider is reporting Yahoo May Cut 1,500-2,500 Jobs Within 2 Weeks.
We believe Yahoo should reduce headcount by at least a thousand people, and others are looking for cuts of more than twice that. Yahoo's stock has recently hit new lows, almost all of its key businesses are losing ground to Google, and shareholders are beyond frustrated.