- Tuesday, 9 February 2010
- INQ Mobile
- RSS
The Israeli Palestine dispute is a short term problem - Dr Craig Barrett, Intel
Yahoo slashes staff numbers
YAHOO RECENTLY claimed to be defending its staff by not allowing a lucrative take over bid by Microsoft, but it's just given shedloads of them their P45s (pink slips to our colonial brethren).
According to Silicon Alley Insider the figure will be about one in five employees which is about half a decimation. [A decimation is what they used to do to Roman legionaries when they had misbehaved. It involved killing one in ten soldiers chosen by lot. Ed]
The lay offs have been prompted by a grim financial forecast and the fact that the share price closed at $15.58.
The company is now at its lowest valuation August 2003. At this rate Yahoo shares will only be worth what you can get from a recycled paper merchant. The current value is getting on for half what Microsoft offered to pay for the outfit, but the Yahoo board insisted was far too low.
One of the reason that the board gave for avoiding the Microsoft deal was that it was taking care of its staff who might not like to work for Vole.
Now it seems that they will not be working for anyone, thanks to the board's obsession with not selling. µ
L'Inq
Silicon
Valley Insider
Share this:
ShareBusiness Intelligence Software
Customer Relationship Management (CRM)
Enterprise Accounting Software
Enterprise Resource Planning (ERP)
Enterprise Systems Management
"According to Silicon Alley Insider the figure will be about one in five employees which is about half a decimation."
One-in-five is TWO decimations, not half a decimation. It's double the number of people who would go with a decimation.
I think you mean twice a decimation, since one in five is twice as many people as one in ten.
Wouldn't 1 in 5 be 2 times a decimation?
One in five employees is the same as two in ten employees. That's the same as two decimations conducted at the same time, not half a decimation, as claimed in the article.
Wouldn't 1-in-5 be twice a decimation rather than half of one?
One in five as opposed to one in ten would be twice a decimation, not half.
It is twice a decimation.

1/5 = 2/10 which is twice 1/10.
Half a decimation would be one in twenty.
1 in 5 would be twice a decimation.
^

Maybe someone should mention that a decimation is 1/10 and half would be 1/20...

I'm pretty sure no one's mentioned this yet...

1/20...
As long as one of the pink slipped is named "JERRY YANG" , there will be a modicum of fairness in the firings.
one in five is two decimations!! 

I hope I'm the first person to mention it!!! 


jeesh get over it people.