EVER SINCE Microsoft's hijack of Yahoo! began, many employees of Yahoo! quit or got sacked. Microsoft ruined this company. Now we discover that not only will Microsoft nick some of Yahoo!'s engineers (to work on Windows rather than something reliable like BSD and GNU/Linux) but it will also let many of them be fired. If it were not for the outsourcing of search, none of this would happen.
The company has cut an undisclosed number of jobs in its search team as part of a reorganization, Yahoo tells us.
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Yahoo had said it would move at least 400 employees to Microsoft (NSDQ: MSFT) as part of its search-ad deal with that company and had said there might ultimately be some layoffs as well—although Bartz’s comment seemed to contradict that. The layoffs were first reported by TechCrunch; please e-mail us if you have any details on how extensive they were.
Seems unlikely—for one, Alibaba has said it plans to spend $200 million on acquisitions by 2012—not billions. But it’s worth noting that Yahoo CEO Carol Bartz has said the company would “absolutely” entertain buyout offers—as long as they were at the “right price.”
A company called AlmondNet has filed a law suit against Microsoft alleging the software giant has infringed three patents related to advertising incorporated in Bing.