Yahoo to lay off 20% of staff by year end, beginning this week | Hacker News Reader

Yahoo to lay off 20% of staff by year end, beginning this week

cnbc.com

59 pointsoctobus202118 comments

Yahoo said the company would shift efforts to its 30-year partnership with Taboola, a digital advertising company, to satisfy ad services.

“These decisions are never easy, but we believe these changes will simplify and strengthen our advertising business for the long run, while enabling Yahoo to deliver better value to our customers and partners,” the Yahoo spokesperson said.

Hmmm that sounds like a contradiction. Taboola are the people who push those "one weird trick" ads

“Are you still employed? The answer will surprise you!”

To be fair, I would never have guess Yahoo still had 1600 employees to lay off.

My recommendation is don't let yourself be hired at Yahoo. I honestly cannot see the upside in it, especially if they're going to turn around and lay you off.

Would you take a job at AOL right now?

Alternatively: be unemployed, it has really great benefits!

Not every job is going to be at the Next Big Thing, or have you Change The World, or suddenly give you stock worth millions.

Would I be making plans of working at Yahoo or AOL or some such in the hope of some miracle turnaround, no, but if they were to turn around and offer me a bunch more than what I'm currently making why shouldn't I consider it?

I don’t care about the next big thing or changing the world. I’m just not interested in working for companies that were mismanaged into the ground.

also posted here https://news.ycombinator.com/item?id=34728990

On the plus side, all the small companies who have been struggling to get anyone will now have a wealth of talent to hire from.

A small company can already hire talent, it just means they have to pay market rates for that degree of (somewhat nebulously defined) talent, or providing benefits, lifestyle, etc that nets the same total to the person you're hiring.

What you're actually saying is "this mass firing will lower everyone's income", which, TBF is the actual goal of the exercise.

Yahoo is still around? What does it do?

Fantasy sports and internet+cell phone infrastructure in Japan.

Yahoo mail, still used by your grandmother.

Your annual reminder that Yahoo is still a thing.

I'm reminded every time I email my mom.

you email your mom? why not talk over the phone? or text her?

One can do all three, right?

How do you send documents that your mom kindly ask you to scan?

Or every time I google “nyse:aapl”

Reply on news.ycombinator.com