Employees not ‘Yahoo’ about recent layoffs

Yahoo is an American public corporation headquartered in Sunnyval, Californiathat provides Internet services worldwide. The company is perhaps best known for its web portal, search engine, Yahoo! Directory, Yahoo! Mail, news, and social media websites and services. Yahoo! was founded by Jerry Yag and David Filo in January 1994.
According to Web traffic analysis companies (including Compete.com, ComScore, Alexa Internet, Netcraft, and Nielsen Ratings), the domain “yahoo.com” attracted at least 1.575 billion visitors annually by 2008.
The global network of Yahoo! websites receives 3.4 billion page views per day on average as of October 2007. It is the second most visited website in the US and in the world
Recently Yahoo has been cutting the fat of its employee base, becoming the first since Yahoo appointed Carol Bartz, former executive chairman of Autodesk, as its new chief executive officer and a member of the board of directors.
Much of the media related with yahoo and its advertisers, will also take a large hit. Also with its slow recovery to the layoffs, Yahoo has lost many battles for prominent and successful sites like YouTube and Facebook.
The layoffs could affect several hundred employees and may be announced as early as Tuesday when Yahoo reports first-quarter financial results, says an anonymous group in the yahoo field.
The cuts would be the third round of layoffs at Yahoo in little more than a year. The Internet Company, which has been struggling for more than two years, laid off about 1,000 workers early in 2008. It cut 1,400 or so in the fourth quarter of last year, in continuing efforts to prune its sprawling online business and bring down expenses. It ended the year with 13,600 employees.
Under Ms. Bartz, Yahoo has also been trying to sell some business units that it doesn’t consider core to its mission, including Hotjobs, the online recruiting service, according to several people familiar with the plans.
Ms. Bartz has been reviewing Yahoo’s businesses. In recent weeks, she renewed discussions with Microsoft, which attempted to buy Yahoo early last year, and later tried to acquire the company’s search business.
The new round of talk centers on a possible advertising partnership, whether than a more reasonable, acquisition or a sale of Yahoo’s search business.

More than confetti falling Monday

The game ending buzzer went off, the confetti fell, and North Carolina’s head coach’s eyes watered. The NCAA basketball tournament was nothing less of a fun ride for Coach Roy Williams of the North Carolina Tar heels. “They took me for a beautiful ride,” he said about his players.

This victory was Williams’ second NCAA Championship and he is currently in third place for the most winning programs in college history behind Kentucky and UCLA.

The pro-Spartans crowd of 72,922 at Ford Field in Detroit, Michigan was taken out of the game early and never proved a significant factor.

“The best team won,” Michigan State head coach Tom Izzo said. “That’s an easy statement to make. They played well.”

North Carolina blasted Michigan State, 89-72, to win its fifth national championship for the University. Michigan State’s run of hope ended as the Tar Heels jumped to a 20-point lead in the first 10 minutes.

“It was a perfect storm,” Izzo said.

Williams’ two national titles equal the total of the North Carolina Hall of Fame coach Dean Smith, which is a great honor and privilege said Williams. With tears in his eyes Williams said, “I’m the luckiest coach in America, I can tell you that.”