Layoffs loom at 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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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 has not reached a decision about Microsoftâs acquisition offer and is considering âa wide range of potential strategic alternatives,â Yahoo C.E.O. Jerry Yang said in an e-mail to employees.
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After declining Microsoft's buyout offer, Yahoo starts the layoffs announced last month.
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Yahoo Inc.'s financial funk deepened at the end of 2007, prompting the slumping Internet icon to draw up plans to lay off 1,000 workers.
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The company's development group has been hit with layoffs.
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Yahoo Inc  is planning to  announce cutbacks later this month that will likely lead to  hundreds of job losses at the nearly 14,000 employee company, a  source familiar with the plan said on Monday.
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Blog: Reports start to surface about server downage across several Yahoo properties; is the summer heat to blame?
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Yahoo Inc is planning to announce cutbacks later this month that will likely lead to hundreds of job losses at the nearly 14,000 employee company, a source familiar with the plan said on Monday.
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By Tony Glover Technology Editor  YAHOO's profits warning last week sent shock waves through the entire internet  sector, leading some investors wondering if the glory days of search-orientated internet companies like Yahoo and Google are nearing their end.
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Depredate to accumulate Yahoo! is reportedly gearing up to sack up to 20 per cent of its worldwide staff in the next two weeks.â¦
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Yahoo Inc  is planning to announce cutbacks later this month that will likely lead to hundreds of job losses at the nearly 14,000 employee company, a source familiar with the plan said on Monday.
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Blog: Yahoo Finance general manager leaves
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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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Cut off their connection to the web and people have moments of &quot;withdrawal and feelings of loss, frustration and disconnectedness&quot;, according to a report released this week by Yahoo.
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By MICHAEL LIEDTKE   Associated Press writer  SAN FRANCISCO -- Yahoo Inc. is tackling its most difficult challenge since the dot-com bust with sweeping organizational changes aimed at cleaning up a mess of the Internet icon's own making.
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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