From a memo sent by Yahoo CEO Carol Bentz:
Yahoos,
I want to share some tough news with you. Today, we began notifying some Yahoos that they will lose their jobs. Most of the reductions will come from the Products org and, when completed, will affect about 4% of the company.
I know this has been rumored for some time. It’s disappointing when things like this leak, and it certainly doesn’t make it any easier for anyone involved. This was a tough call, but a necessary one. We need to make these changes now to ensure that Products is structured and running the way we want as 2011 begins. And that means we need fewer Yahoos in some areas, and different types of Yahoos in others.
Like Johnson, one can’t help but enjoy the Swiftian brilliance of this. But who’d want to work for a company that views its employees as brutish, degraded, bestial things?
[Spotter’s Badge: AH]
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