If there is any merit to an anonymous tip Valleywag hears that they've already axed two-thirds of their recruiters. "A sensible move, since it's not like Yahoo will be hiring that many people," says Nicholas Carlson. "But putting those recruiters out on the street will make it all the easier for rivals to snap them up, and use their knowledge of Yahoo's talent pool to lure away the company's best remaining brains."Though Yahoo! executives have tried to calling them bad news, the future tends to look a bit more bleak. They've got to be hoping that this possible AOL acquisition, but I can't imagine this really being the spark of life to ignite Yahoo!'s future.
cutting down its own services, namely AOL Journals and AOL Hometown, according to Ars Technica. "As for the rest of AOL, it's no secret that it continues to be a revenue drag on its parent company, Time Warner," says Jacqui Cheng. Why would Yahoo! who is suffering financially want to get involved with another "financial drag"?If Yahoo! is going to cut 20% of its own workforce, what kind of a chance would AOL employees stand in a merger scenario?
No comments yet. Be the first to comment!