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]