Where Will Yahoo Axe Land?
By Andrew Wallenstein
The blogosphere speculation on deep job cuts coming at Yahoo has grown deafening enough that it's presumably true. The only point of contention is whether it is hundreds, as The New York Times insists today, or thousands (watch Valleywag weigh in next with "millions." . Yahoo PR doesn't exactly deny it here, and WSJ was kind enough to write a pre-obituary of sorts.
So the layoffs are a foregone conclusion, but here's my question: How deep will the axe cut into Yahoo's media group, or what's left of it, if at all? Vince Broady obviously saw the writing on the wall and jumped ship last week after getting pushed aside. Drew Buckley took off with Terry Semel. There were rumblings that some kind of new initiative would materialize by end of 2007 after a September streamlining, but that has yet to materialize.
Damned if I know how Yahoo's content peeps will be affected, but my gut tells me we'll know just where the company's ambitions are in that sector once and for all once the cuts are made.
