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"Yahoo started its week with layoffs in Sunnyvale," an employee tells us. "Seems to be affecting the editorial team that does search relevance testing."
[edited by: Sgt_Kickaxe at 10:10 pm (utc) on Jun 22, 2010]
RealNetworks slashed 85 jobs, including a quarter of its executive team, kicking off an overhaul aimed at reducing costs to offset declining revenue.
The Seattle-based company, known for starting the Rhapsody music service and RealPlayer, said on Tuesday that it plans to record about $10 million in restructuring charges -- more than three times its first-quarter profit and about 8 percent of revenue -- in the second quarter.
if you don't already have a job don't apply
I know they make the world turn and are required from a wall street perspective
unless you make it clear the relationship is temporary from the get-go
When I see it as a consumer however I lose mad respect for the company kicking employees to the curb without having done anything to earn the firing. Using people, unless you make it clear the relationship is temporary from the get-go, shouldn't be part of doing business.
It affects families and in the current employment situation it can destroy them. It wasn't a do or die situation for Yahoo!, heck they're gloating about their hot new partnership and this definitely rains on that parade.