More Layoffs at Yahoo

Just announced, Yahoo is going to be eliminating at least 10% of their workforce by the end of the year. According to reports, HR is going to be one of the hardest hit departments.

I realize that this is a tough decision, but I question why HR, particularly at this time. Though I know that many people are blaming HR for how this situation has been handled, it is HR that ensures that terminations are done properly. One time when I got laid off from an HR position, the company didn’t give me any EDD information, addressed the letter to the wrong person and forgot to sign the final checks.

In other news, the City of San Francisco is facing a major financial shortfall and will be laying off 400 city workers by the end of the week.

Sing along with me – It’s the most wonderful time of the year.

UPDATE: Valleywag has posted the Yahoo “Manager’s Guide” to the above mentioned terminations. Pay particular attention to the “Yahoo! Confidential: Do Not Forward” line in the upper right hand corner. Perhaps a point of concern there?

UPDATE 2: Looks like the San Francisco based Yahoo Brickhouse is also set to close by the end of the year.

UPDATE 3: Real time layoffs from Twitter here. (Thanks for the tip Scott!)

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