Yahoo Downsizes on People and Products
Yahoo has been on a layoff again, only this time it has affected more than just the people in the company. With the people fired, Yahoo will also have to downsize on its products including Delicious, MyBlogLog, Yahoo Buzz and Alta Vista.
There have been rumours of this downsizing for the last few days. However, slowly Yahoo has been confirming the rumours. The product list downsizing was also was discussed in an all hands meeting after the layoffs.
In a statement, Yahoo communicated
Part of our organizational streamlining involves cutting our investment in underperforming or off-strategy products to put better focus on our core strengths and fund new innovation in the next year and beyond.
We continuously evaluate and prioritize our portfolio of products and services, and do plan to shut down some products in the coming months such as Yahoo! Buzz, our Traffic APIs, and others. We will communicate specific plans when appropriate, it added
Yahoo has been acquiring a few products as part of mergers and acquisition. However, on some of the products it has not been able to work on or better it. Some of these products were added to the list that they are planning to remove support for. Though most of the products in the list were not surprising, Delicious was particularly disappointing for Yahoo users