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

The Next big Wave of Layoffs is Sony. (9,000 workers)

In a report from Engadget, there seems to be more Layoffs going on.   One such one is Sony.  Here is what Engadget said:

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The bad news from the Japanese consumer electronics industry continues. Sony just announced plans to cut about 8,000 global jobs from its beleaguered electronics business while making unspecified reductions to its seasonal and temporary workforce. The move, as Sony explains it, comes “in response to the sudden and rapid changes in the global economic environment.” Ominously, it looks like Sony will also be raising prices in the countries where “Sony makes significant sales” (read: US and Europe) if we’re reading this statement correctly:

[Via Engadget]

[ad#ad2-left]In Today’s economy, you need to be prepared.  So I thought I bring back some old Favorites of mine and talk about them.  To see the other layoffs that I’ve talked about CLICK HERE.   If you wanted to know what you can do to be prepared here are some great resources for people who are worried about there jobs:

If you have any others you would like to suggest please leave a comment and let everyone know.   These are hard economic times and we all could use the help.