Yahoo Hands Pink Slips to 10% of its Employees to Save $400 Million in Costs

3

Comments

+ Add a Comment
avatar

sdcat

I don't understand what's the big deal? This is over all Econ crisis, just like back than the dot com bubble burst. Pretty much the same situation, yahoo didn't do anything bad. It is still a steady company. It is just the investors got panic.

Yang and his friend started the company walking along with the company's prime, dot com bubble burst low, and now this. Tell the truth I wouldn't worry too much.

avatar

fdwhacker

Yahoo should have accepted Microsoft's offer to buy the company when they had the chance. Now there is little reason for Microsoft to buy Yahoo unless they get a really good offer from Yahoo. The people at Yahoo were stupid to refuse the offer.

avatar

Rltyg

Should have sold his stock while he had the chance.  Everyone involved with this company is going to go down with the ship.

Log in to MaximumPC directly or log in using Facebook

Forgot your username or password?
Click here for help.

Login with Facebook
Log in using Facebook to share comments and articles easily with your Facebook feed.