We’ve run several, several stories in recent weeks about Yahoo execs leaving the company, and the departures have been, as far as we can tell, completely voluntary. But according to one analyst, a solution to most of the company’s problems would be for roughly 1,200 other employees to involuntarily follow suit.
This isn’t a fact, or even a rumor, so much as speculation (X People = Y Costs and so on). Still, the idea of layoffs comes from Henry Blodget, and given the errors, the shutdown of Yahoo 360, and its Blodget writes, “We think Yahoo should get its margin back at least to where it was in the September quarter last year--30%--which will require about $240 million in annual cost cuts. Most of these cuts should be made in the U.S., because it is the U.S. operating margin that has deteriorated.”
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