Yahoo to cut jobs by 20%
Posted in Search Marketing by jspirko on January 20th, 2008 
Well, according to the Shoe Money Blog Yahoo is about to let go of about 2 out of ever ten workers. This is reported as inside information of which I am usually skeptical but when it comes to Jeremy Shoemaker his inside info tends to be spot on. This is the guy that called the MyBlogLog buyout by Yahoo a week before it happened.
I personally see this like many others as Yahoo trimming some needed fat but I still keep waiting for Yahoo to get serious about competing with Google. Yahoo has so many opportunities to really shake things up but they just never seem to connect the dots. So were will all the folks loosing jobs go to? I would not surprise me to see perhaps a quarter picked up by Google and may be a tenth by MSN, the others will probably take their knowledge it to what I call the search private sector.
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