Tag: JOBCUTS

With its profits sagging, and a disappointing outlook for 2008, it seemed that Yahoo! had no choice but to announce the inevitable: a cut of 1,000 jobs, scheduled to take place in mid-February. It seems that even a corporate giant such as Yahoo! can spread itself too thin. Along with the job cut, Yahoo! plans to focus more sharply on online advertising, that Xanadu of web companies everywhere, ...