Yahoo Hires Despite Massive Layoffs

Yahoo’s shedding 2,000 workers, but it’s still hiring. Kara Swisher at All Things Digital, who’s been doggedly on top of the Yahoo news, wrote:

Yahoo will be doubling down in some older and new arenas, so there would also be simultaneous hiring in the months ahead.

Would you be interested in working for a troubled company while it re-orients its strategy? Post your thoughts below. 

Of course, it’s not clear where this hiring will be. Thompson, along with folks he’s hired from the Boston Consulting Group, have not yet announced what Swisher describes as “profound changes” at the company, which could mean still more layoffs. Meanwhile, shareholder Dan Loeb, who’s organizing a proxy fight, heaped more criticism on the company saying he is “disappointed that this round of cuts occurred before (Thompson) has articulated his strategic plan.”

Meantime, social network Yammer’s CEO David Sacks, disgusted with Yahoo’s patent fight with Facebook, has offered a $25,000 signing bonus for any Yahoo employee who joins Yammer in the next 60 days.

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