# Merry christmas from Yahoo(layoffs) :-)

**URL:** <https://forums.speedlife.net/t/merry-christmas-from-yahoo-layoffs/207215>\
**Category:** NYSpeed Off Topic\
**Created:** [December 15, 2010, 5:46am UTC](https://forums.speedlife.net/t/merry-christmas-from-yahoo-layoffs/207215 "2010-12-15T05:46:16Z")\
**Posts on this page:** 18\
**Page:** 1

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**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\
**Post date:** [December 15, 2010, 5:46am UTC](https://forums.speedlife.net/t/merry-christmas-from-yahoo-layoffs/207215/1 "2010-12-15T05:46:16Z")

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[http://news.yahoo.com/s/ap/20101214/ap\_on\_hi\_te/us\_tec\_yahoo\_layoffs](http://news.yahoo.com/s/ap/20101214/ap_on_hi_te/us_tec_yahoo_layoffs)

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**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\
**Post date:** [December 15, 2010, 5:48am UTC](https://forums.speedlife.net/t/merry-christmas-from-yahoo-layoffs/207215/2 "2010-12-15T05:48:16Z")

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Profit margin of 12% and doing layoffs. :tup:

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**Author:** ![boardjnky4](https://avatars.discourse-cdn.com/v4/letter/b/96bed5/32.png) [@boardjnky4](https://forums.speedlife.net/u/boardjnky4)\
**Post date:** [December 15, 2010, 5:53am UTC](https://forums.speedlife.net/t/merry-christmas-from-yahoo-layoffs/207215/3 "2010-12-15T05:53:25Z")

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wow, that blows…I feel for those people

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**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\
**Post date:** [December 15, 2010, 5:59am UTC](https://forums.speedlife.net/t/merry-christmas-from-yahoo-layoffs/207215/4 "2010-12-15T05:59:41Z")

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Yahoo dropped the ball they were at the forefront of the internet and couldn’t find a way to make money

Edit: I also heard they have done this before right before the holidays

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**Author:** ![boardjnky4](https://avatars.discourse-cdn.com/v4/letter/b/96bed5/32.png) [@boardjnky4](https://forums.speedlife.net/u/boardjnky4)\
**Post date:** [December 15, 2010, 6:01am UTC](https://forums.speedlife.net/t/merry-christmas-from-yahoo-layoffs/207215/5 "2010-12-15T06:01:05Z")

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It’s fucking cold-hearted to drop people during the holidays.

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**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\
**Post date:** [December 15, 2010, 6:20am UTC](https://forums.speedlife.net/t/merry-christmas-from-yahoo-layoffs/207215/6 "2010-12-15T06:20:03Z")

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Typically your budget is end if year that needs to shown on your next years budget the less salary expense. It’s not like they do it on purpose at Christmas.

They probably known it was coming. Look at it that they kept them onboard to earn as much as they could Till the last day before they were laid off.

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**Author:** ![boardjnky4](https://avatars.discourse-cdn.com/v4/letter/b/96bed5/32.png) [@boardjnky4](https://forums.speedlife.net/u/boardjnky4)\
**Post date:** [December 15, 2010, 6:21am UTC](https://forums.speedlife.net/t/merry-christmas-from-yahoo-layoffs/207215/7 "2010-12-15T06:21:33Z")

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Hey man, I’m not saying they do it purposely at this time…I’m just saying that is brutal for the families affected.

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**Author:** ![walter](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/walter/32/7202_2.png) [@walter](https://forums.speedlife.net/u/walter)\
**Post date:** [December 15, 2010, 7:09am UTC](https://forums.speedlife.net/t/merry-christmas-from-yahoo-layoffs/207215/8 "2010-12-15T07:09:51Z")

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> [@JayS](#):
>
> Profit margin of 12% and doing layoffs. :tup:

Pretty simple. You get to really manipulate the way you report the numbers by chopping off that kind of overhead (or committing to).

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**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\
**Post date:** [December 15, 2010, 7:32am UTC](https://forums.speedlife.net/t/merry-christmas-from-yahoo-layoffs/207215/9 "2010-12-15T07:32:48Z")

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They wanted to do it while the Dems were still in powa. lol

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**Author:** ![TradersBASE](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tradersbase/32/5321_2.png) [@TradersBASE](https://forums.speedlife.net/u/TradersBASE)\
**Post date:** [December 15, 2010, 7:35am UTC](https://forums.speedlife.net/t/merry-christmas-from-yahoo-layoffs/207215/10 "2010-12-15T07:35:20Z")

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It’s commonplace for big fggt companies to tweak year end staffing to make numbers look how they want. They have shareholders to please after all, right. 😉  
Saving the deep details…I was let go after 10 years at Ingram on the week of Christmas back in 1998 (without severance). HOE HOE HOE

On the bright side…it gave me the proper perspective on “at will” employment which we all have here in NY. There is NO reason to be loyal to a company if they aren’t meeting your needs as well IMO. I won’t EVER become complacent again! 8)

Sorry to the workers though…it’s a dark time when you get sacked like. 8(

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**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\
**Post date:** [December 15, 2010, 7:46am UTC](https://forums.speedlife.net/t/merry-christmas-from-yahoo-layoffs/207215/11 "2010-12-15T07:46:07Z")

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The shareholders are the only thing that matters, never forget that fact if you work at a publicly traded company.

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**Author:** ![buffalo\_vr4](https://avatars.discourse-cdn.com/v4/letter/b/7ea924/32.png) [@buffalo\_vr4](https://forums.speedlife.net/u/buffalo_vr4)\
**Post date:** [December 15, 2010, 10:18am UTC](https://forums.speedlife.net/t/merry-christmas-from-yahoo-layoffs/207215/12 "2010-12-15T10:18:17Z")

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I dont mind to be one of those employees, stay home with the family for the holiday and collect unemployment benefit.

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**Author:** ![TradersBASE](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tradersbase/32/5321_2.png) [@TradersBASE](https://forums.speedlife.net/u/TradersBASE)\
**Post date:** [December 15, 2010, 10:26am UTC](https://forums.speedlife.net/t/merry-christmas-from-yahoo-layoffs/207215/13 "2010-12-15T10:26:16Z")

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Unemployment after just paying for COBRA health care (or another health care option) means you likely have $0.00 left at the end of the month. Unemployment is wayyy over rated, you lose benefits and half the pay you’re used to. Been there done that while everyone was saying how lucky I was. 8/

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**Author:** ![Mankthetank19](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/mankthetank19/32/5295_2.png) [@Mankthetank19](https://forums.speedlife.net/u/Mankthetank19)\
**Post date:** [December 20, 2010, 7:56am UTC](https://forums.speedlife.net/t/merry-christmas-from-yahoo-layoffs/207215/14 "2010-12-20T07:56:24Z")

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Yahoo has been laying off people in Dec for the past 4 years… nothing new.

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<div class="post-metadata">

**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\
**Post date:** [December 20, 2010, 8:27am UTC](https://forums.speedlife.net/t/merry-christmas-from-yahoo-layoffs/207215/15 "2010-12-20T08:27:31Z")

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> What is Yahoo!'s fiscal year end?  
> Yahoo!'s fiscal year end is December 31st.

Layoffs just happen to be around Xmas time.

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**Author:** ![JustinH](https://avatars.discourse-cdn.com/v4/letter/j/9fc29f/32.png) [@JustinH](https://forums.speedlife.net/u/JustinH)\
**Post date:** [December 20, 2010, 8:47am UTC](https://forums.speedlife.net/t/merry-christmas-from-yahoo-layoffs/207215/16 "2010-12-20T08:47:15Z")

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Layoffs might be happening when people were counting on an end of year bonus. I wouldn’t put that past them.

Any word from Lockport?

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**Author:** ![Mankthetank19](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/mankthetank19/32/5295_2.png) [@Mankthetank19](https://forums.speedlife.net/u/Mankthetank19)\
**Post date:** [December 20, 2010, 9:01am UTC](https://forums.speedlife.net/t/merry-christmas-from-yahoo-layoffs/207215/17 "2010-12-20T09:01:20Z")

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double post

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<div class="post-metadata">

**Author:** ![Mankthetank19](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/mankthetank19/32/5295_2.png) [@Mankthetank19](https://forums.speedlife.net/u/Mankthetank19)\
**Post date:** [December 20, 2010, 9:01am UTC](https://forums.speedlife.net/t/merry-christmas-from-yahoo-layoffs/207215/18 "2010-12-20T09:01:05Z")

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> [@JustinH](#):
>
> Layoffs might be happening when people were counting on an end of year bonus. I wouldn’t put that past them.
> 
> Any word from Lockport?

No lay-offs were made in Lockport.

For the past four years, all lay-offs have been in CA. Yahoo buys what they think are great forms a technology locally (CA), as in start-up companies. However, things don’t go well and get rid of those products which means, they no longer need those techs anymore.
