Version: 2008

Comments on: Yahoo pink slips arrive

As expected, Yahoo lays off more than 1,000, but details are not disclosed.

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happy Valentine's day ...
by Lolo Gecko February 12, 2008 1:47 PM PST
oh, by the way, take a hike :(
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Pity
by close5828 February 12, 2008 1:54 PM PST
I quit Earthlink a year before their big layoffs here in California. I can only imagine how 13,000+ people out of work is going to saturate the job market.
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?
by thescale February 12, 2008 2:01 PM PST
Reading comprehension, anyone?
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Only Oracle... and now Yahoo?
by paulej February 14, 2008 4:18 PM PST
Only Oracle would be so cold as to fire that many people...

Still, I do wonder why Yahoo felt it necessary to fire 1,100 people. Sure, stock price is down, but is that the only reason, or is it because this last quarter was far worse than others? Or, do they forcast upcoming quarters to be worse? (Sorry, I've not followed Yahoo's financials, but it always amazes me when a profitable company fires so many people.)
Depart Of Layoffs Has Been Laid Off
by Stating February 12, 2008 8:13 PM PST
Will the last staffer please turn out the lights.
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Yahoo would rather die than be bought....
by fred dunn February 13, 2008 6:28 AM PST
That is just executive egos at play and now 1000 employees have to pay for their egos.
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Sigh.
by b_baggins February 13, 2008 9:06 AM PST
Our most expensive commodity is ignorance.

In a buyout, the executives generally make out like bandits. It's the rank and file that get screwed.
You're kidding, right?
by TBolt February 13, 2008 9:09 AM PST
If Microsoft had purchased Yahoo, it would've been guaranteed that many people at Yahoo would've lost their jobs -- probably far more than 1,100. No one at Yahoo can feel safe yet, either. If Yahoo decides to abandon its own business goals and lets a pig, like Microsoft, in to run the show, there will be even more layoffs at Yahoo.
Yafired
by jpolac February 13, 2008 8:47 AM PST
Yafired
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by CaliforniaLaborAttorney September 8, 2008 7:16 PM PDT
California companies in the IT and Computer industries are facing numerous class action overtime lawsuits since they have failed to properly classify employees in the various IT positions. Most companies improperly classify employees as exempt and work them an incredible number of hours. Is this planned? You decide.

To view the law on properly classifying employees you may view the DLSE web site or go to www.california-labor-law-attorney.com (not for advertisement purposes)
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