fedup

Yahoo Layoffs For Real, But What’s the Real Number?

It's a shame Terry Semel couldn't just give back some of the millions he obviously didn't deserve instead of Yahoo firing its workers. Seems some of that company's biggest problems lie in an inability to support it's customer base or properly manage too many assets. Having 20% less bodies to accomplish this certainly won't help. Especially considering the lack of motivation the average Yahoo employee is going to posses after even more work is lumped on them, while their higher ups still make millions. Thanks to option shenanigans, that's true whether the stock holders are losing money as usual too. It's win-win for those at the top of Yahoo's pyramid of power and gross mismanagement complex. Maybe all those employees should take their severances and invest them in buying back the company once the stock is abundantly cheap and plentiful soon. They are the only ones that truly seem to care about the company anyway. The execs are just milking it until it's sold later this year.

Kind of poetic justice given that Yahoo aided the those mortgage loan scammers to groom their victims with invasive marketing tactics that mine user data. Countrywipe and Leaning Tree are still working it hard on Yahoo networks, trolling for new suckers. They can afford it now, after being bailed out instead of punished for sending the world's economies into the toilet, while they fly to Barbados this winter. Too bad all the homeless freezing in the streets could not get so lucky. Guess they can always go warm up in Iraq.