Personnel-related "efficiencies" can be good or bad, depending on one's perspective. Companies want to save money, of course, and their shareholders also appreciate savings. But employees like to keep their jobs. So let's take a look at what sort of effect the Microsoft-Yahoo deal may have.
On Microsoft's side of things, not much is supposed to change. Steve Ballmer wrote in an all-hands email that
And given that Microsoft's stock climbed a little bit yesterday (opening at 23.73 and closing at 23.80), it looks like investors are okay with the news.
It's with Yahoo that the situation gets dicey. According to
Yahoo's stock opened at 16.00 and closed at 15.14 yesterday.
Yahoo's search employees have already been extended an (informal) offer of employment, though. After Jason Calacanis
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