Internet, Job Cuts | featured news

Yahoo! Profits Likely Down, More Layoffs Possible

An anemic ad market is expected to depress the Web portal's Q4 earnings.

 

As Growth Flattens, Digg Downsizes

On a day when Microsoft announced 5,000 layoffs, the 7 or so people losing their jobs at Digg may seem like a drop in the bucket. But that represents about about 10 percent of Digg's 75-person workforce, whereas the 5,000 at Microsoft represents 5 percent.

 

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