Update: VentureBeat reports: "We’ve learned that Massive, the company’s in-game advertising business, suffered something like 75 percent layoffs."
Digg CEO Jay Adelson announced some plans for Digg in 2009 today. They involve reducing workers in certain areas and adding workers in others.
It looks like Microsoft will be halting construction of new buildings around its Redmond headquarters. According to SeattlePI.com, an internal powerpoint presentation outlines plans. Joseph Tartakoff reports:
Google has decided to shut down some of its services, as well as trim some recruiting jobs, and consolidate engineering offices. Services that Google is shutting down include:
Google submitted a regulatory filing with the Securities and Exchange Commission last month that has just recently come to light. The reason for this delay is perhaps that it was filed via paper-only.
Google’s frenemy Yahoo is laying off many people and provides a detailed guideline for management on how to tell employees the news. The guideline, which was leaked to Valleywag, contains instructions like the following:
Yahoo is expected to announce some job cuts tomorrow as they announce their third quarter earnings. The number of cuts has been rumored to be anywhere between 1,000 and 3,500. The company is no stranger to letting go chunks of employees, and with current economic conditions, it is no surprise that they are at it again. Rafat Ali at PaidContent.org writes:
Though other reports claim Yahoo plans to shed as many as 2,500 jobs, the current swirl of rumors whispers of a 700 position cut.
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