Let's hope the number of jobs cut are less than 5% of their global workforce. I would hate to be in Jerry's shoes this week and next. Wall Street wants him to make some serious head count reductions in order to show them he's in charge. The staff in Sunnyvale are probably eager to cut some fat - but not too much. I mean who really wants to be 'left standing' after major job cuts, right? Think about it: who in the heck wants to work for an employer who could give a rat's butt to its employee. Am I right?
Jerry should cut or sell off any divisions that are not deemed to be the core business areas. And what divisions might those be? Hot Jobs? Get rid of it. Personals? Be gone. Oh no.
Jerry may need to take a look at joining forces with another Internet company very soon. I hope the company can survive another 10 years.
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