Customers of Yahoo offerings today were presented with a site that worked only intermittently. This is happening at the very same time that Yahoo declared layoffs of more than seven-hundred employees. The internal layoffs and Yahoo login issues aren’t specifically connected, though some are theorizing it might mark the downfall of the company. This layoff puts more individuals in the payday loans line. Source of article – Yahoo login goes down as company lays off 700 employees by MoneyBlogNewz.
Yahoo login and Yahoo offerings down
This morning, in scattered reports on the web, users were saying the Yahoo login was not functioning. Users could not login to Yahoo offerings like Yahoo Mail, Yahoo Buzz and Yahoo News. Several outside email offerings reported that Yahoo Email servers were off. Tues at 11:30 a.m. Pacific Time, things were better. It seemed all Yahoo services were working intermittently.
Yahoo layoffs documented
The Brand new York Times explained that there were rumors going around Monday night. Yahoo layoffs was the topic. Tuesday morning, news outlets across the country confirmed that the company will be laying off between 600 and seven hundred employees, roughly 5 percent of the workforce. Yahoo's merchandise group, including Yahoo email and other major merchandise at Yahoo, will be where the layoffs occur. The Yahoo product division head told department heads to prepare for up to 20 percent of their workforce to get laid off a few days ago.
Yahoo will not enable an AOL buyout
In early 2009, Carol Bartz took over the CEO position for Yahoo. She claims that the business has been trying to develop ways for "users to interact in social fashions" which has been worked on a lot. Previously, AOL was thinking about making a buyout offer for Yahoo. Now the offer is no longer there. It was never officially made either. Less individuals will be losing their jobs with the AOL offer off of the table and with Yahoo making layoffs since more of the workforce would have been lost with a combined Yahoo/AOL business.
Details from
Search Engine land
searchengineland.com/report-aol-abandons-yahoo-merger-as-yahoo-cuts-headcount-58712
LA Times
articles.latimes.com/2010/oct/11/business/la-fi-yahoo-20101011
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