Tuesday, June 24, 2008

Yahoo’s Attrition Continues

Yahoo is seeing senior management personnel leaving the company. The move comes with the Google and Yahoo pact on co operation in advertising. Senior management is leaving the company on job clarity and security concerns. Yahoo India has also seen about 50 employees fired on low performance. Many Indian Technology companies like Infosys also practice the process of laying off poor performers.

Yahoo also lost heavily in Market capitalization owing to the concerns of shareholders over the merger with Microsoft failing. Hence looks like Yahoo has plenty of problems on its platter for the time being. How deftly Yahoo manages to steer clear will only be revealed by the times to come.

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