CALIFORNIA - Yahoo Inc. again threatened decreased revenue in the first quarter of 2011, following a disappointing record of traffic.
Internet company from California that experienced a decrease page views during thethree consecutive quarters. CEO Carol Bartz, who took over leadership of the company two years ago, began to feel the pressure to restore the glory of Yahoo.
No doubt, the threat of mass layoffs come back to haunt Yahoo. Still attached to thememory of when Yahoo cut its 1600 employees to cut spending in 2008. In 2009Yahoo was reducing its work force up to five percent, or approximately 675employees.
In the first quarter of 2011, Yahoo pointed out would reduce the approximately one per cent of workers forces around the world, as reported by Netimperative, Friday(28/01/2011).
By contrast, their biggest competitor, Google, just announced a massive recruitmentplans this year. Even so Bartz remain optimistic the situation will improve.
"I will not give up because now we face the right momentum," he said.
Internet company from California that experienced a decrease page views during thethree consecutive quarters. CEO Carol Bartz, who took over leadership of the company two years ago, began to feel the pressure to restore the glory of Yahoo.
No doubt, the threat of mass layoffs come back to haunt Yahoo. Still attached to thememory of when Yahoo cut its 1600 employees to cut spending in 2008. In 2009Yahoo was reducing its work force up to five percent, or approximately 675employees.
In the first quarter of 2011, Yahoo pointed out would reduce the approximately one per cent of workers forces around the world, as reported by Netimperative, Friday(28/01/2011).
By contrast, their biggest competitor, Google, just announced a massive recruitmentplans this year. Even so Bartz remain optimistic the situation will improve.
"I will not give up because now we face the right momentum," he said.
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