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by SixFigureStart | July 22, 2009


As we always say here at Pink Slipped, when one door slams shut, another one creaks open. Although Yahoo dumped more than 2,000 workers in three rounds of layoffs earlier this year, company officials said that it had begun "selectively" hiring again. An increased budget line of $75 million is mostly earmarked for the acquisition of new sales people and technical staffers. Even CEO Carol Bartz admitted sheepishly: "We had too few engineers and too many people sort of planning products." MarketWatch apparently took this to refer to the "team leaders and project managers" who were among the departed.

--Posted by Todd Obolsky, Vault Staff Writer


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