Microsoft deal or not, Yahoo starts to cut jobs
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As expected, Yahoo Inc  began carrying out lay-offs up to 1,000 employees on Tuesday, as part of job cutbacks announced last month, several employees at the company's headquarters said on Tuesday.
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Microsoft's offer to buy Yahoo for $44.6 billion is adding more fuel to the merger craze fire. But such mega-mergers often have less than stellar results, as four examples show.
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As expected, Yahoo Inc   began carrying out lay-offs up to 1,000 employees on Tuesday,  as part of job cutbacks announced last month, several employees  at the company's headquarters said on Tuesday.
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Microsoft Corp  said on Friday  it has offered to buy Yahoo Inc , the popular Web  portal, for $44.6 billion in cash and stock, seeking to join  forces against Google Inc  in what would be the biggest  Internet deal since the Time Warner-AOL merger.
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The Yahoo bid is a dramatic statement from Microsoft, a company that delayed acknowledging the importance of emerging Web business models for so long.
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Is Microsoft's acquisition of Yahoo even news at this point?
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In turning down the $44.6 billion takeover offer, Yahoo is betting on a sweeter bid from Microsoft or finding another way to make its stockholders happy.
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Yahoo Inc. plans to close its U.S. offices during the final week of the year, a cost-cutting measure that will require most of the Internet icon's 10,500 workers to use their vacation time if they want to be paid for the time off.
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Battered by slow revenue growth and the popularity of social networking Web sites, Yahoo! Inc. is poised to lay off hundreds of workers, according to published reports.
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Skepticism about Microsoft Corp's   prospects of buying Yahoo Inc  may be waning,  as short sellers appear to have backed away in the last few  days from bets against Yahoo's stock rising.
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Yahoo's rejection Monday of Microsoft's buyout offer sets the stage for the US software giant to up the ante or attempt a coup by ousting the Internet firm's board of directors.
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Microsoft&#39;s offer Friday to buy Yahoo&#160;for $44.6 billion in cash and shares put a turbulent end to a heavy earnings week in which forecasts from Internet leaders worried IT investors.
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Analysis: The pairing gives Microsoft a needed outlet, but the outcome could quash Yahoo.
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Yahoo is widely expected  to undertake significant layoffs this week and dump several  underperforming businesses as the struggling portal continues  to reorganize its business operations.
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Yahoo Inc.'s board has concluded Microsoft Corp.'s $44.6 billion takeover bid undervalues the slumping Internet pioneer and plans to reject the unsolicited offer, a person familiar with the situation said Saturday.
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As it announced 23-percent decline in fourth-quarter profit, Yahoo also said it planned to cut 1,000 jobs from its 14,000-member work force, far more than expected.
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Yahoo announces a restructuring drive, as it attempts to simplify its business and take on rival Google.