Yahoo is planning to make the easiest and quickest cost cutting action by slashing hundreds of jobs globally. Yahoo is expected to announce full details of its job cuts tomorrow, however it is likely that over 1000 positions will be axed. As with the rest of the economy, Yahoo’s stock price has plummeted recently,...
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Jobs to be Slashed at Yahoo, AOL Deal Looks More Attractive
Credit Crunch Hits Tech and IT Jobs
The credit crunch has so far been most prominent in the banking and finance industries. Many internet companies have spend the past months in a state of denial, falsely beleive that technology stocks are somehow immune to the pressures of the global economy. But all that appears to be changing rapidly. News came out...
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