Yahoo! to lay off thousands of employees
The struggling search engine / portal Yahoo! is now in restructuring mode. Yahoo has been in the process of laying off thousands of people. It’s been a terrible past few years for the search engine.
Much of this however can be traced back to the year 2000. Yahoo! virtually stated that they were going throw themselves under a bus and give Google complete control over search.
12 years later Yahoo is laying off thousands and Google is hiring thousands.
Enjoy the new reality.