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.