There have been rumors that Yahoo's latest round of layoffs nixed the entire Del.icio.us team, and now it appears the social bookmarking site is not long for this world, TechCrunch reports .
Former Yahoo employee Andy Baio posted an internal Yahoo team meeting slide showing various business ventures listed under three categories: Sunset, Merge, and Make Feature. Del.icio.us falls under the Sunset heading, as does Altavista, MyBlogLog, Yahoo Bookmarks, and a handful of others.
"Part of our organization streamlining involves cutting our investment in underperforming or off-strategy products to put better focus on our core strengths and fund new innovation in the next year and beyond," Yahoo said in a statement. "We continuously evaluate and prioritize our portfolio of products and services, and do plan to shut down some products in the coming months such as Yahoo Buzz, our Traffic APIs, and others. We will communicate specific plans when appropriate."
Yahoo recently handed out pink slips to 4 percent of its staff (around 600 employees) in what the company described as "a tough call, but a necessary one."