Domino effect of Facebook (Yahoo is firing workers)

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This is not a joke; Yahoo is really going to fire its employees soon. Yahoo is currently having approximately 14,000 workers and it is believed that the company has drawn up a list of 2,500 jobs that could be eliminated. Slow revenue growth and the rise of social networking sites have caused Yahoo to consider about this negative move. The most important thing is, Yahoo struggles to hold on to young web surfers because you all spend more time on Facebook.com and MySpace.com!

Don’t believe? Check The New York Times and The Wall Street Journal; they have both reported on the Internet icon’s cost-cutting plans too.





5 comments:

stev said...

Quite true indeed that we spend too much time on social networking sites like facebook >_<"

still many companies both online & offline are all going leaner, more core products focused & placing a priority on cost trimming

amei79 said...

Facebook is quite popular now-a-day, read a news not long ago, the author (very young only 20 plus) of the facebook has became the millionaire (if not mistaken)!

Anyway, Im not familiar with Facebook. hihi

BB COMMUNITY said...

stev, agree with u~ all this because of US economy la, u see, ppl are seeing "walao eh, Ringgit become so strong nowadays~" haiyo, actually is US dollar become weak la. Hope China give us a more boost, hehe~

amei79, yalo, now young talented guy a lot o. u can learn more about facebook by searching into wikipedia ;p

vickie said...

shit I'm yahoo supporter!! I even bookmark Yahoo as my default page

BB COMMUNITY said...

vickiedurian, microsoft is going to acquire yahoo now~ see, die or not?