More Layoffs Coming to Yahoo! Bartz Not Happy

After laying off 1,000 employees in February, Yahoo is cutting another 600-700 positions, or 5% of the workforce. This is the first round of cuts under new CEO Carol Bartz. There’s no word on what kind of jobs would be lost, but Bartz made clear the inefficiencies she sees.

In a conference call with analysts Bartz said, “You have three people telling project engineers what to do, and nobody’s fucking doing anything. We have to…get them focused on the right stuff. That’s the most important thing Yahoo’s going to do to become a big, strong, growing company.”

Related Stories
Mediabistro Course

Online Marketing

Online MarketingStarting November 4, learn how to launch a successful digital marketing campaign for your brand! In this course, you'll learn how to create an online marketing strategy, identify the appropriate distribution platforms, and use the web to successfully deliver your brand's message. Register now!