Yahoo Report Could Disappoint, Analysts Say Layoffs Likely | Epicenter from Wired.com
This sucks, and I can say that after going through numerous layoff sessions myself at AOL. In the final analysis, there is something unethical about sacking people when you are a profitable company - for no other reason than that you’re not profitable enough. It’s one thing if you’re showing losses, but it’s a complete lack of leadership (and creativity) when it’s done in the hopes that it will satisfiy Wall Street. I suppose the further you slither up the greasy pole the easier it is to rationalize these kinds of moves. But then, I’ve never been a CEO.