Through the use of social media outlets, not all Yahoo employees are making quiet exits. The ax fell on some 1,000 Yahoo employees Feb. 13, after months of
speculation and rumor mongering from tech watchdog news sources.
Hopes that a hostile bid from Microsoft would save Yahoo jobs were dashed as
Yahoo rejected the buyout offer Feb. 11 as "substantially
undervaluing" the search giant.
Yahoo would not say which departments and offices were having their
headcounts slashedonly that the reductions
were targeted in areas of their business that didn't support their growth
initiatives.
But in the age of rapid Web communication through blogs and other social
media tools, it is surprisingly easy to find out who is affected.
One laid-off employee used Twitter, a microblogging service, to dispatch
one-line snippets of his last day at Yahoo to the Web. "Ironic that I just
got my PC repaired yesterday. Won't be needing that anymore," Ryan Kuder wrote at
9:03 a.m. on Feb. 12. At
9:54
a.m. it was "This is a serious downer. Trying to drown it in
free lattes. Which I will miss," and at
3
p.m., "Lots of whispered conversations. Like people are afraid
to ask who's gone."
Dispatches from other laid-off Yahoo employees came through their personal blogs.
These reports point to the layoffs touching many groups across the companyit
is suggested that they come from departments as far apart as search marketing,
incubation, advanced technology and special "comeback plan" projectsand
are in contrast to previous reports.
"Rather than make across-the-board cuts, we will make targeted
reductions,"
CEO Jeffrey Yang said
during the company's fourth-quarter earnings call in January.
Meanwhile, the public nature of these layoffs and Yahoo's reputation for
having sought-after talent have led many to predict that none of these
employees will be out of work for long.
"There will be inevitable job losses. But you could be in a worse place
than on a street with a resume from Yahoo," Jim Lanzalotto, vice president
of strategy and marketing for Yoh, a talent and outplacement firm, told eWEEK.
"Being at Yahoo isn't exactly being at the low end of the totem
pole."
However, it is likely that before laid-off Yahoo employees start updating
and distributing their resumes, they will be following the lead of Kuder at
9:15 p.m. Feb. 12: "Celebrating
unemployment with a giant margarita at Chevy's."
| | Reader Comments: In Web 2.0, There Are No Quiet Layoffs | | >>> Post your comment now!
| | burn out townSiV is a "chew-u-up-and-spit-u-out" kind of place.
u work your life away for $. I used to laugh at all the toys engineers owned that never got... Posted At: 02-23-08 By: Noel | | | | | | | | | | | | What Problem?If you don't like working in a fast moving tech environment go get a fast food job or work as a clerk for the government. With great reward comes... Posted At: 02-19-08 By: Bubba | | | | | | A user comment on this articleWhich shows how much people in Silicon Valley (don't) know, because wild turkeys fly without assistance from the wind. Posted At: 02-19-08 By: Anonymous | | | | | | Yahoo resume = no slam dunkIn Silicon Valley there is a saying "In a hurricane, even turkeys can fly" ... a lot of the people at Yahoo and elsewhere in these giants are... Posted At: 02-19-08 By: John Alden | | | | | | A user comment on this articleJohn Pallatto, eWEEK West Coast news editor, wants to know whether other Web 2.0 employees are worried about layoffs in the current economic client. Posted At: 02-14-08 By: John Pallatto | | | | | | >>> Post your comment now! | | | | | |
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