Yahoo management orders budget cuts
Yahoo's layoffs? They're now Wall Street Journal official, which means someone in upper management decided to talk to a reporter at the newspaper before Yahoo's own employees got the word. Not that there is yet any word on how many Yahoos, exactly, are losing their jobs; Yahoo managers have been ordered to cut their budgets by 15 percent, but decisions on specific jobs won't come for weeks. Once again, Yahoo's grinding bureaucracy and nice-at-all-costs culture is keeping it from making the swift decisions its business — and its workforce — needs.