Sunday, January 20, 2008

Yahoo layoffs

Recently, there are way too many articles about layoffs at Yahoo, which is late by a year or two, if you ask me. Based on what I read, heard and saw in the last 3 years, I would bet on the number 1600.

700-800 is almost a given right now, but speaking as a shareholder, 1600 looks like a much better number. Based on my experience at Yahoo, I think 1600/12000 as a good estimate for work force 'correction.'

As a Silicon Valley engineer and ex-Yahoo, I really don't like this news. I hope the cuts are less than 5%.