The Yahoo login and Yahoo email site was showing problems to users today. This is taking place at the very same time that Yahoo announced layoffs in excess of seven hundred workers. The internal layoffs and Yahoo login issues aren’t specifically linked, although some are theorizing it may mark the downfall of the business. This employee layoff is likely to put a lot more people in the payday loan line.
login and offerings for Yahoo off
This morning, in scattered accounts on the web, users were saying that the Yahoo login was not functioning. Yahoo News, Yahoo Buzz and Yahoo email all wouldn't work. It seemed like Yahoo offerings were down. Yahoo Mail servers were also documented as being off by several outside mail services. As of 11:30 a.m. Pacific Time Tues, all Yahoo services appeared to be intermittently working.
Layoffs at Yahoo
Rumors started circulating about Yahoo layoffs on Monday night with the New York Times. Many news sources confirmed the rumors on Tues. About 5 percent of the workforce will be laid off, which is from 600 to seven hundred people. Yahoo's goods group, including Yahoo mail and other major merchandise at Yahoo, can be where the layoffs occur. The Yahoo product division head told department heads to prepare for up to 20 percent of their workforce to get let go a few days ago.
Acquisition of Yahoo from AOL won't be occurring
Carol Bartz became CEO in Yahoo. This occurred in 2009. The business has been focused on finding ways for "users to interact in social fashions." This is what she said the company goal is at present. Previously, AOL was thinking about making an acquisition offer for Yahoo. That offer is now off of the table, and it was never officially made. The good news is that the Yahoo layoffs and removal of the AOL offer may really save jobs, as a combined Yahoo/AOL business would have let go a significant portion of its workforce.
Articles cited
Search Engine land
searchengineland.com/report-aol-abandons-yahoo-merger-as-yahoo-cuts-headcount-58712
LA Times
articles.latimes.com/2010/oct/11/business/la-fi-yahoo-20101011
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