Yahoo! Rumor Finds New Home, but No Sources

To discover this, I want to point you toward an excellent piece by Therese Poletti in MarketWatch. It is important as far as Yahoo! is concerned and as far as any other struggling company is concerned.

You know how The Business Press Maven always points out that while the business media always reports on announced layoffs as if they are a fait accompli, quite often companies must sweeten buyout offers and make additional charges. They don't save nearly as much money as they initially claim and the business media initially parrots. But the possible deal with Yahoo!, as Therese cannily points out in an article titled: "Yahoo buries the news of its 'realignment'," is worse.

The announcement of firings was buried and termed a realignment. What does that mean? The word "layoff" is already a misleading euphemism, as these workers are presumably not being rehired. Or, if they are, shareholders should not be reacting as if the cost of their incomes will be saved. But a realignment? Therese asks the appropriate questions and The Business Press Maven, in high tribute, genuflects in her general direction.

« Previous Page

1 2

Next Page »