Yang Zhiyuan, who will be laid off by Yahoo in November, will not be protected

On July 15, October 9, Beijing time, according to foreign media reports, the blog website Silicon Alley insider quoted reliable sources on Wednesday that Yahoo is expected to cut jobs in May middle November, however, it will not announce the layoff in the third quarter's conference call.

It is unclear how many people Yahoo will put off in this round. It is estimated that Yahoo will cut off a maximum of 3000 people in this round. The most likely case is that 1000 to 1500 people will be laid off. In fact, as early as September 25, Yahoo hired a management consulting company, Bain & Co, to help optimize the organizational structure and improve the company's performance, the market had heard that Yahoo would cut jobs. At the end of September, analysts suggested that Yahoo should cut 3000 people, which is more than 20% of the company's total employees. However, according to people familiar with the matter, Yahoo's layoff ratio should not exceed 20%. However, some analysts have also given pessimistic estimates that Yahoo may cut 3500 people.

There is speculation in the market that Yang Zhiyuan, Yahoo's chief executive, will resign. Silicon Alley insider predicts that Yang Zhiyuan will not announce his resignation in a conference call after the third quarter earnings report is released. In addition, it was reported that Sue Decker, Yahoo's president, is competing for Yahoo's chief executive officer.

Blog website Valleywag reported this week that Yang Zhiyuan is currently in New York, discussing the acquisition of American online with Time Warner executives. According to the consolidated transaction terms disclosed by sources, yahoo will acquire content, services, and advertising services of US online, but not telephone subscription services. Second, Time Warner, the parent company of US online, will invest billions of US dollars in cash; third, Time Warner owns 1/3 of the shares of the new company. If the above information is true, yahoo will pay a high price of $8 billion for the acquisition of US online. However, our advice is that Yang Zhiyuan should not buy us online at a price of more than $6 billion.

It was reported that Ebay would pay the five-month severance pay to the laid-off workers, and Yahoo's chief financial officer was trying to reduce the severance pay. Ebay announced on Monday that it plans to cut the number of global employees by 10%, which is expected to affect about 1000 formal employees and hundreds of temporary workers. The layoff is expected to result in about $70 million to $80 million in pre-tax restructuring expenses, most of which will be included in the fourth quarter of 2008. (Compile/recall)