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Posted By:
TimDineen
396 days ago
Topic Type: News Story (Jump to http://searchengineland.com)
Category: Yahoo
4 Comments
Posted By:
TimDineen
396 days ago
Topic Type: News Story (Jump to http://searchengineland.com)
Category: Yahoo
4 Comments
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Comments
This comment by Blodget really irks me as typical old Wall Street garbage.
Personally, I'd have to say that layoffs are exactly the wrong tactic to take at this time. More (and better) hiring would be a sign that Yahoo is taking additional/necessary development seriously. Despite some improvements to paid search, Yahoo is showing no signs of being better than their consistant No. 2 standing in most areas.
I certainly don't know if Yahoo should reduce its workforce.
I do know that no one should ever listen to Blodget. It is incredible that anyone would after he rigged research to support investment banking business in the bubble. Credibility = 0.
And as for Yang's need to demonstrate he's tough, that's just macho Wall Street BS.
ie surprised that hes got any gig like this at all let alone one where hes commenting on areas wher he was caught bang to rights - he oiught to have got what conrad black just got.
Agreed - after hearing comments from some of the "top" Wall Street analysts regarding companies that I am very familiar with, I've lost faith in their opinions on companies that I'm not famliar with.