Yahoo! Heading for More Job Cuts?

August 12th, 2008 | RSS Feed

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As if the constant stream of outgoing executives and confidantes wasn't enough for Yahoo Inc., now according to Kara Swisher at All Things Digital, Yahoo! Might be headed for potential job cuts that are in the pipeline so as to streamline consumer-facing and ad-focused business units.

According to Kara, “According to several sources within the company, besides more efforts to streamline Yahoo (YHOO) in both arenas, Aikido and Judo are more specifically looking at what cuts the company can make to meet aggressive financial goals it promised when trying to rebuff a now-defunct takeover bid by Microsoft (MSFT).”

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