Is Yahoo dead meat?

4 10 2008

By Jonathan

Yahoo’s stock has been diving recently due to the economy and Yahoo’s market share in an increasingly competitive market (Google).

Sources are now saying that more budget cuts are in store. Primarily in its salary and wages department as a result of laying off workers. Will the potential layoffs save Yahoo? Or will their lack of workers result in a decreased quality of it’s services?

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2 responses

5 10 2008
tsfroggy

Yahoo is taking a plunge… sure makes that stock offer of $32/share from MS seem pretty good right now.

6 10 2008
Johnnybond

Sure does…. I am really glad I am not a Yahoo investor.

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