Until somewhat recently, Twitter's site seemed reluctant to stay in working order. The company still lacks an identifiable business plan. And the economy as a whole has been imitating the current president's approval rating. But an encouraging new email hints that at least one small job market might be all right, after all.
Jerry Yang's most recent pep talk must be wearing off. There's word that two more Yahoo execs will be quitting his company this week, and neither of them is supposed to be the kind of person who would have been hit by layoffs, anyway.
What a week for Imeem. Yesterday, it introduced an Android application to rave reviews. Today, its site became home to the new Guns N' Roses single. Unfortunately, between those two developments, word spread that about 25 percent of the company's employees were laid off, and rumor has it that Imeem is up for sale, as well.
Wikia may not be doing so well. Many other companies are following the same path, of course, but a new rumor has it that some layoffs have occurred and 30 percent of Wikia's workforce is now eligible for unemployment benefits.
Valeh Vakili joined Yahoo after graduating from Harvard, and over the course of eight years, climbed quite high up its corporate ladder. Now, she's moved from her position as the director of media sales operations to join MySpace in a similar capacity.
Given the documented-to-death problems with our economy, now's not the best time for companies to show signs of weakness. Unfortunately for Facebook, two key employees are leaving to start their own enterprise.
Facebook's hired some impressive people before, luring key employees away from Google and other important companies. Ted Ullyot stands out even in this crowd, though, as the man's experience is in law, not tech, and he's worked with and for people who are household names.
Talk about adding insult to injury. Even as rumors spread about another round of layoffs at Yahoo, the company has created a batch of ultra-enviable positions by opening a research center in Grenoble, France.
Yahoo employees who want to keep their positions have been given some good news and some bad news. The bad: an outside firm is going to conduct some sort of efficiency audit. The silver lining: Bain & Company hasn't traditionally swung as many axes as one might expect.
It appears that the small boxes used to carry office supplies and personal effects are still in high demand at Yahoo. New reports indicate that Amit Kumar and Kiersten Hollars - two relatively high-ranking employees - are expected to move some within the next week or so.
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