6 ms·

Yahoo to lay off 20% of staff by year end, beginning this week

59 points by octobus2021 4y ago

deleted 4y ago
[deleted]
Finnucane 4y ago
Your annual reminder that Yahoo is still a thing.
- tppiotrowski 4y ago
  I'm reminded every time I email my mom.
  - honkler 4y ago
    you email your mom? why not talk over the phone? or text her?
    - syzarian 4y ago
      One can do all three, right?
    - ithkuil 4y ago
      How do you send documents that your mom kindly ask you to scan?
- browningstreet 4y ago
  Or every time I google “nyse:aapl”
purpleblue 4y ago
To be fair, I would never have guess Yahoo still had 1600 employees to lay off.
- black_13 4y ago
  [dead]
smn1234 4y ago
also posted here https://news.ycombinator.com/item?id=34728990 https://news.ycombinator.com/item?id=34728990
Gigachad 4y ago
On the plus side, all the small companies who have been struggling to get anyone will now have a wealth of talent to hire from.
- olliej 4y ago
  A small company can already hire talent, it just means they have to pay market rates for that degree of (somewhat nebulously defined) talent, or providing benefits, lifestyle, etc that nets the same total to the person you're hiring. What you're actually saying is "this mass firing will lower everyone's income", which, TBF is the actual goal of the exercise.
replwoacause 4y ago
My recommendation is don't let yourself be hired at Yahoo. I honestly cannot see the upside in it, especially if they're going to turn around and lay you off. Would you take a job at AOL right now?
- olliej 4y ago
  Alternatively: be unemployed, it has really great benefits! Not every job is going to be at the Next Big Thing, or have you Change The World, or suddenly give you stock worth millions. Would I be making plans of working at Yahoo or AOL or some such in the hope of some miracle turnaround, no, but if they were to turn around and offer me a bunch more than what I'm currently making why shouldn't I consider it?
  - replwoacause 4y ago
    I don’t care about the next big thing or changing the world. I’m just not interested in working for companies that were mismanaged into the ground.
syspec 4y ago
Yahoo said the company would shift efforts to its 30-year partnership with Taboola, a digital advertising company, to satisfy ad services. “These decisions are never easy, but we believe these changes will simplify and strengthen our advertising business for the long run, while enabling Yahoo to deliver better value to our customers and partners,” the Yahoo spokesperson said. -- Hmmm that sounds like a contradiction. Taboola are the people who push those "one weird trick" ads
- kwertyoowiyop 4y ago
  “Are you still employed? The answer will surprise you!”
- deleted 4y ago
  [deleted]
yashg 4y ago
Yahoo is still around? What does it do?
- larrybud 4y ago
  Yahoo mail, still used by your grandmother.
- Larrikin 4y ago
  Fantasy sports and internet+cell phone infrastructure in Japan.

59 points by octobus2021 4y ago

deleted 4y ago

[deleted]

Finnucane 4y ago

Your annual reminder that Yahoo is still a thing.

tppiotrowski 4y ago
I'm reminded every time I email my mom.
- honkler 4y ago
  you email your mom? why not talk over the phone? or text her?
  - syzarian 4y ago
    One can do all three, right?
  - ithkuil 4y ago
    How do you send documents that your mom kindly ask you to scan?
browningstreet 4y ago
Or every time I google “nyse:aapl”

purpleblue 4y ago

To be fair, I would never have guess Yahoo still had 1600 employees to lay off.

black_13 4y ago
[dead]

smn1234 4y ago

also posted here https://news.ycombinator.com/item?id=34728990 https://news.ycombinator.com/item?id=34728990

Gigachad 4y ago

On the plus side, all the small companies who have been struggling to get anyone will now have a wealth of talent to hire from.

olliej 4y ago
A small company can already hire talent, it just means they have to pay market rates for that degree of (somewhat nebulously defined) talent, or providing benefits, lifestyle, etc that nets the same total to the person you're hiring. What you're actually saying is "this mass firing will lower everyone's income", which, TBF is the actual goal of the exercise.

replwoacause 4y ago

My recommendation is don't let yourself be hired at Yahoo. I honestly cannot see the upside in it, especially if they're going to turn around and lay you off. Would you take a job at AOL right now?

olliej 4y ago
Alternatively: be unemployed, it has really great benefits! Not every job is going to be at the Next Big Thing, or have you Change The World, or suddenly give you stock worth millions. Would I be making plans of working at Yahoo or AOL or some such in the hope of some miracle turnaround, no, but if they were to turn around and offer me a bunch more than what I'm currently making why shouldn't I consider it?
- replwoacause 4y ago
  I don’t care about the next big thing or changing the world. I’m just not interested in working for companies that were mismanaged into the ground.

syspec 4y ago

Yahoo said the company would shift efforts to its 30-year partnership with Taboola, a digital advertising company, to satisfy ad services. “These decisions are never easy, but we believe these changes will simplify and strengthen our advertising business for the long run, while enabling Yahoo to deliver better value to our customers and partners,” the Yahoo spokesperson said. -- Hmmm that sounds like a contradiction. Taboola are the people who push those "one weird trick" ads

kwertyoowiyop 4y ago
“Are you still employed? The answer will surprise you!”
deleted 4y ago
[deleted]

yashg 4y ago

Yahoo is still around? What does it do?

larrybud 4y ago
Yahoo mail, still used by your grandmother.
Larrikin 4y ago
Fantasy sports and internet+cell phone infrastructure in Japan.