Yet another Turn For Yahoo, They lay off 1,500 people.

As much as I like Yahoo, they decide to lay off workers due to money. It’s really not un-expected due to the fact that they’ve been doing poorly.

Yahoo began laying off 1,500 workers on Wednesday as part of a plan, announced in October, to slash expenses by $400 million a year. The cost cutting, however, may have to go deeper in the coming year.

[New York Times]

[ad#ad2-left]Now we know the Google and Yahoo planned on getting together but that went south due to the Lawsuit.  Some think Yahoo’s systems is flaky and is bound to fail.  Although I don’t know much of the back story, I’d just wanted to let my readers know about Yahoo.  If you want to read the other articles on Layoffs by all means.   I also suggest people search my site for some good tid bits