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Yahoo looks at cutting hundreds of jobs

Posted by David Johnson on January 22, 2008

Silicone Alley Insider has been blogging about hundreds of potential layoffs at Yahoo, but so far, Yahoo isn’t commenting. The NYT predicts that the cuts will be announced later this month during the earnings call, but isn’t speculating on which of the current 14,000 Yahooers are facing the axe as Jerry Yang seeks to refocus and streamline the strategy to get the stock moving again. Is it ironic that Yahoo positioned itself as the ultimate content aggregator online, co-opting newspaper publishing strategies and partnering with the newspaper industry, and now is laying off staff like newspapers are doing nationwide?

Related: Does Yahoo’s success with sports point the way to its future?

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