Friday, December 17, 2010

Yahoo's Chopping Spree Isn't Done Yet

In the aftermath of Tuesday’s layoffs, Yahoo (NSDQ: YHOO) is either merging, folding in, or outright cutting a number of its products. A slide making its way around the web today shows that Yahoo is planning to cut services including MyBlogLog, AltaVista, and Yahoo Buzz. Yahoo is confirming that it is “cutting our investment in underperforming or off-strategy products to put better focus on our core strengths and fund new innovation in the next year and beyond.”

Kelly Rowland Danica Patrick Josie Maran Leighton Meester Dominique Swain

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