Jobs 4/21/09
Only one article I want to share today. AP via Yahoo Finance reports Yahoo to cut 600 to 700 jobs after 1Q results fall:
Yahoo Inc. will lay off more than 600 workers after getting off to another bumpy start under a tough-talking new boss who has promised to engineer a long-awaited turnaround at one of the Internet’s best-known franchises.
Neither the lackluster first-quarter results nor the job cuts announced Tuesday came as a surprise.
Ouch. That’s rather blunt. I wonder if Michael Liedtke (AP writer) wrote it that way intentionally, knowing that Yahoo would host the article (Yahoo says, “Yahoo sucks”). It is true, Yahoo is not doing well.