Scott Thompson Terminates 2,000 Yahoo Employees

Scott Thompson Terminat0r

Yahoo CEO, Scott Thompson, Terminates 2000 employees due to 'restructuring'.  This comes on the heels of a desperate patent lawsuit against Facebook and subsequent countersuit against the bloated internet giant.  It looks like Scott Thompson's new strategy is cutting costs and stealing money from other companies.  To quote Scott in his note to employees: "We are intensifying our efforts on our core businesses and redeploying resources to our most urgent priorities. Our goal is to get back to our core purpose – putting our users and advertisers first – and we are moving aggressively to achieve that goal." Translated to: "We don't have any real competitive advantage anymore, so we have to worry about money - and our most urgent priority is this damn lawsuit, because Facebook called our bluff.  So, everyone is going to have to work a lot harder because, I just fired 2,000 … [Read more...]