Yahoo: Tightens Belt

October 17, 2008

Valleywag, one of my favorite Web logs, reports that Yahoo is going to fire 3,500 Yahooligans. You can read “Yahoo to Cut 3,500 Jobs–Party On” here. The article includes some interesting quotes. My favorite is the Yahooligan who, upon bailing out, described Yahoo as “an idea”. Wow. I thought a publicly traded company was a vehicle to enhance shareholder value. I suppose that hippy dippy view of a commercial enterprise has contributed to Yahoo’s sterling technical approach to multiple search systems, its brilliant Panama ad system, and its keen management acumen. No wonder I am an addled goose residing in the hills and hollows of Harrod’s Creek, Kentucky.

Stephen Arnold, October 17, 2008 from London, UK

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