Search Engines start layoffs - small now - are signs of much more, ahead

Posted by Marshall on January 18, 2008 | Link It

Well, I guess with the US Economy going down the tubes, Search Engines are going to be affected, too.  Well, at least, the very first sign of troubles to come is when Yahoo Asked Employees To Turn In Computers:

"..Yahoo told a group of about 30 or so employees yesterday that their jobs would be terminated in 60 days, and that they could look for other jobs within Yahoo. But could they please turn in their computers by the end of the day today. Other than the engineers, who tend to get quickly sucked into other groups, it is not likely many will find other jobs at Yahoo.

The layoff represents a small reshuffling of employees, with jobs actually moving to Europe. One of the teams affected is the company’s successful Yahoo Answers team, which is split between the U.S. and Europe. The U.S. employees are losing their jobs, and the the team is consolidating in Europe. The same thing is happening for a search technology group that was split between the U.S. and Europe. This part of a bigger reorganization of the search group that’s been going on since at least December. Many of the engineers in the Answers group in the U.S., for instance, will be going to Delicious.

The remainder of the layoffs will come from Yahoo’s Brand Universe project, which was killed in December, a year after it officially launched. Its leader Vince Broady is leaving the company.  Brand Universe was an attempt to make widgetized landing pages for big brands that appealed to advertisers, and is no longer considered a core focus of Yahoo’s renewed consumer-centric strategy."

My point being - Search Engines are not immune to the fallout Sub-Prime Mortgage Meltdown is having on the rest of the economy - Search will be affected, too. 

 



3 Responses

These are the current comments for "Search Engines start layoffs - small now - are signs of much more, ahead"

Aaron
01/20/08 @ 2:32 pm

It’s probably a little soon to suggest a trend of layoffs because 30 yahoo emps lost their jobs.



01/20/08 @ 9:34 pm

According to a report in Bloggers Blog - Recession 2008 has hit Search Engines with a post on Yahoo cutting 1500-2000 jobs within the next two weeks.  My experience - any time you hear a rumor of job cuts, 99%…



Yahoo Q4 lacking; layoffs confirmed …Blogged about at Search Engines start layoffs - small now - are signs of much more, ahead - webmetricsguru, Yahoo shares sank to a 52-week low after Wall Street&1;s closing bell Tuesday as investors viewed the com…



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