X

Yahoo! Lost $303 million

sjohnson
Leave a Comment

Posted January 28, 2009 - By Stephen Johnson

In the latest piece of terrible economic news, internet mainstay Yahoo! posted a quarterly loss of $303 million in the fourth quarter, due to termination costs and bad investments. Apparently, it's not cheap to pink-slip tech workers:  Without the charges connected to dropping 1,500 employees, the search engine/web portal would have recorded a profit. Ten percent of Yahoo!'s staff was laid off, and now the company has 13,600 employees.

How long do you think this recession will last? I'm thinking at least another year.. but I'm an optimist.

Oh, and if you're depressed by the wave after wave of bad news that seems to herald the slow-motion collapse of our economic system, just look at this photo of some clowns about to run into trouble! Those clowns are hilarious!

Source 

Yahoo! Lost $303 million
http://www.g4tv.com/thefeed/blog/post/692782/yahoo-lost-303-million/
http://files.g4tv.com/images/blog/2009/01/28/633687524746682266.jpg
BlogThread_692782

ADVERTISEMENT

Blog Tags

g4tv.com
  • Sara Underwood's Naked Bike Ride

    Posted: June 22, 2011

    1,306,091 Views | 05:20

  • International Sexy Ladies Show: Messy Cat Fight

    Posted: January 27, 2010

    632,692 Views | 00:49

  • Adult Star Kirsten Price Tests Kinect's Nude Filter

    Posted: November 12, 2010

    1,434,103 Views | 04:33

  • Best Nude Scenes in Video Games

    Posted: June 29, 2009

    1,521,673 Views | 03:12

  • International Sexy Ladies Show: Wrestling in Moscow

    Posted: June 19, 2009

    135,844 Views | 01:24

AdChoices