Before the Microsoft takeover bid, Yahoo announced that it was going to lay off about a thousand staff. It did that today, with CNet reporting that "One source inside the company said the number was 1,100, which is slightly higher than expected. The layoffs bring the headcount down to about 13,200 employees."
Meanwhile the really talented Yahoos will be wondering if this isn't a good time to accept that job offer from Google.....
Update: I see that Susan Mernit (was Yahoo Personals) has posted Just got laid off at Yahoo, which suggests Yahoo management is not operating with a full set of braincells.
Yahoo has also lost Salim Ismail, who was hired to run Brickhouse, Yahoo's in-house "hot product" development unit started by Flickr co-founder Catarina Fake. (Valleywag says Ismail was fired.) Brickhouse was part of Bradley Horowitz's Advanced Development Division, and it's not a shock to see that Bradley has left for Google. Brickhouse did things like Yahoo Pipes, Bravo Nation and FireEagle.
At this point, it would be entirely justified if Microsoft reduced the value of its bid for Yahoo, since Yahoo is now worth less -- and has less of a future than it had on Monday. Indeed, if Yahoo takes a few more cycles down the death spiral, you have to wonder how low the price ought to go....
