Yahoo! plans to shed 20% of their employees and benefits just 7 months after a 14% cut.

Originally published on Kapuno in the Technology community

🔗 Yahoo CEO Mayer Cuts End-of-Year “Week of Rest” for Employees, While Prepping Plans to Cull Bottom 20 Percent of Staff (Article)

🔗 CNET News: Yahoo’s layoffs and lost identity (Video)

I recall that on April 5th Yahoo! announced a cut of over 14% of their employees. Now again, they’re saying another 20% cut is needed. They will also be cutting one week of paid vacation.

I’m impressed by Marisa Mayer’s courage to make these cuts. It must be incredibly difficult to keep morale high as employees await pink slips.

What’s the future for Yahoo!?