“Today’s actions are an important next step toward a bold, new Yahoo! — smaller, nimbler, more profitable and better equipped to innovate as fast as our customers and our industry require. We are intensifying our efforts on our core businesses and redeploying resources to our most urgent priorities. Our goal is to get back to our core purpose — putting our users and advertisers first — and we are moving aggressively to achieve that goal,” said Scott Thompson, CEO of Yahoo, upon announcement of 2000 layoffs.
Yahoo! manages to do this every year or so, as each new CEO comes along. Is it really possible that each cutthroat CEO fired thousands of people but somehow missed a few more thousand that the next guy has to fire?
And they do always seem to announce the firing in press releases before letting the employees know about it.
My only *real* complaint about Flickr is that it’s owned by Yahoo!.