Yahoo: We're Selling Delicious, Not Closing It

Yahoo: We're Selling Delicious, Not Closing It

Yahoo apparently never planned on selling Delicious along with the rest of its under-performing initiatives. Contrary to a leaked slide that indicates Delicious is headed to a “sunset,” along with AltaVista and Buzz, the sunset of Delicious will be one with a possible sunrise to follow. Yahoo wants to sell the site, and it’s ticked at the press for causing people to think any different. [More]

Yahoo Lays Off 600, Plans To Shut Down Buzz, Delicious

Yahoo Lays Off 600, Plans To Shut Down Buzz, Delicious

Several hundred Yahoo employees received the opposite of a Christmas present this week, learning the company is letting them go to ease its payroll burden. In addition to shedding 4 percent of its workforce, the shrinking web giant is shutting down AltaVista, Buzz and Delicious — according to an internal company slide. [More]

Golden Parachute Or Gilded Noose?

Golden Parachute Or Gilded Noose?

WSJ takes a look at the “severance class” – unemployed formerly high-ranking folks burning through their chunky termination pay package to maintain the outward apperance of their pre-pink slip lifestlye.

http://consumerist.com/2008/07/10/northwest-airlines-is-cutting-2500/

Northwest Airlines is cutting 2,500 jobs. Passengers may be asked to get out and push to help the plane taxi. [NYT]

http://consumerist.com/2008/07/02/american-airlines-could-be-laying/

American Airlines could be laying off 900 flight attendants. [Dallas News]