I used to work at Yahoo during the whole Microsoft debacle. I have to say that this is a disappointing development, namely because it really sounds like the board is giving up on Yahoo, and they will package up Yahoo to the highest bidder. It certainly sounds like the board is getting bored (pun intended) of trying to resuscitate Yahoo and would rather move onto newer and fresher companies with richer rewards. This unfortunately means more rounds of layoffs as they try to increase margins and profitability by hacking and slashing employees. I think in hindsight being sold to Microsoft was probably the best thing for the Yahoo, the employees, and for the shareholders.