Posts Tagged ‘Kara Swisher’

Yahoo Layoffs To Take Place Today

Wednesday, December 10th, 2008

According to All Things Digital columnist Kara Swisher, the long-planned Yahoo layoffs will take place today.

A massive 1,500 employees are set to lose their jobs today (although several sources inside Yahoo believe the number may end up being closer to 2,000 due to the worsening economic conditions). Yahoo will retrench staff across the company but is expected to concentrate more on people in ‘cost centers’ such as administration, human resources and finance.

Sadly, most of those to be let go will find out for the first time today…

Source: Kara Swisher, “Yahoo Moves Ahead With Layoffs on Wednesday: The Sad Details,” December 8, 2008

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Microsoft and Yahoo: Back On Again?

Friday, October 31st, 2008

According to tech journalist Kara Swisher, some members of Yahoo’s board of directors have renewed discussions with Microsoft about a possible sale of the company to Microsoft.

Such talks appear to be the result of the AOL-Yahoo merger talks making little progress, and fears that the Justice Department will block Yahoo’s proposed advertising deal with Google.

Source: Kara Swisher, “The Deal Dance: AOL and Yahoo (and Even Google and Microsoft) Continue to Waltz”, All Things Digital, October 28, 2008

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