Change is only constant!!!
Somebody is firing when most of the other silicon valley companies are hiring. Even in new economy of dot.com there are old folks who are creating space for newcomers!! That is the power of Change!!
Fortunately, Yahoo has one of the best talent and job market outside in Silicon valley is really hot, so it will definitely be good gain for valley and hopefully for employees as well.
Nevertheless, I don't think that Yahoo has any fat left which needs to be cut. These types of cuts will inherently put them in vicious circle of shrinkage.. In my view management should focus on strategy rather than working on these small cuts here and there in operations. If anything can save Yahoo, is cool mind of management and coming up decent strategy. Energy is focussed on wrong place.. sad but true. Yahoo was once icon of Valley..
Yahoo is still leader or one of the top market players in many areas. Email is one good example.. Slowly they are giving that lead to Google.. I haven't heard any major upgrade from Yahoo on their email system for long time. Instead of they tried hard to extract money for their service and failed. Right now their email is one of the slowest to boot up and takes most of the resources. Email is one simple example.
Same is true for Yahoo groups. Yahoo had such a great lead. They were de-facto leaders.. They simply forgot to innovate and make it easier to use. They simply lost it to Facebook.. Again, these are very small cases in terms of overall Yahoo but at the same time they represent very important face of Yahoo to most of the users.
Most important strategy change which Yahoo has to do is to think about users first instead of themselves. Once users are happy, users will rewards them any how and Yahoo can very easily monetize. Right now, if I go to Yahoo, it seems so busy and overly crowded with advertisements I feel like finishing my work and running away...
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