Tuesday, January 25, 2011

FROM BAD TO WORSE: YAHOO

In other words: Oops.

This time the people affected are in the marketing department. And the layoffs are happening right before Yahoo’s Q4 earnings announcement.

The company’s numbers for last quarter were already expected to be bad. But when management actually undertakes layoffs immediately before the earnings call, rather than announcing them during, things have gone from bad to worse. Bnet

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