A still-independent Yahoo filed a 10-Q with the SEC last week, putting in writing some its current realities as well as its expectations for the coming quarter. Severance packages and other layoff expenses cost Yahoo $29 million in the first quarter. It plans to pay another $15 million in the second. Yahoo also now faces at least 10 shareholder lawsuits following the Microsoft merger negotiations.
Yahoo's short-term plan: layoffs and lawsuits
8:40 AM on Mon May 12 2008
By Nicholas Carlson
1,996 views
5 comments












Comments
I love seeing Yahoo get sued. They like to send nasty IP letters to search and ad tech companies with any real traction. Now they know how it feels to be crushed by lawsuits. Have fun Yahoo! Your days are numbered!
Has anyone else noticed more and more bugs on Yahoo sites since the Microhoo drama started? It's a mess, and it's got me considering using iGoogle instead of My Yahoo, if only to avoid the flash ads that burn CPU time whenever I leave my home page open.
I got fed up with Yahoo years ago (and I check back from time to time to see if they have improved... they haven't). The complaints, in order: (1) Pages too "heavy" mostly with ads, rather than content. Once the ads have loaded and you are waiting, waiting, waiting for the actual content of your inbox, suddenly the server times out and you have to refresh the page and start all over. (2) Co-branding deals with other companies for various services like faxing, text messaging, web-hosting always end up sucking and you realize you are doing business with some company you have never heard of and with whom Yahoo has severed all relations. Actually this was the first thing that pissed me off about Yahoo, even before their free services started to deteriorate. (3) "coming soon" notices for advanced e-mail features which started when G-mail was first available and in some cases are still out there, what is it, four years later? To this day when you try and change certain e-mail settings you have to temporarily switch back to non-Ajax mode, just to click a fricken check box. Pathetic! (4) Finally, well I could go on, but it bugs me that, like Microsoft, they often get undeserved praise for their offerings from "veteran" reviewers who quote features that are only available for the paid subscription offerings but don't mention this in the review. There is either payola going on here or incompetence among the reviewers. If you are using Yahoo mail for $20 or courtesy of your ISP then you are probably getting acceptable POP access, otherwise, you haven't bothered to compare. Even Microsoft's web mail is far better than Yahoo's, and that's saying something, because it is pretty damned bad too.
well hey, they got to make money somehow... and since they suck at searching, the only way would be to put as many ads as possible in every page in their portal.
I have switched to iGoogle. I'm happy with it. Yahoo has search and Advertiser experience have both deteriorated considerably in the last 3 months.
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