Rumor: Additional Cuts Coming To Yahoo

Aug 12, 2008 at 9:45am ET by Greg Sterling

AllThingsD and, picking up on that post, Silicon Alley Insider speculate about potential, forthcoming job cuts at Yahoo to streamline consumer-facing and ad-focused business units.

Yahoo has seen many high-profile departures in its executive and middle management ranks. Despite this, macroeconomic trends may be driving the hypothetical cuts; the US economy is in recession and online is feeling it. Yahoo’s Q2 revenues were flat and income was down.

If Yahoo does wind up laying people off they will potentially lament the fact that the Microsoft deal didn’t go through, where some would have received generous severance packages (i.e., “golden parachutes”).

I stress that all of this is rumor and speculation at this point.

Greg Sterling is a Contributing Editor at Search Engine Land, and writes a personal blog Screenwerk, examining the broader world of media and advertising. He also posts at a Local Mobile Search, which is focused on the mobile Internet.

See more articles by Greg Sterling >

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