One sure thing worse for morale than a layoff is a multiple-stage layoff. Jason Calacanis told you not to do that. Valleywag's publisher sacked everyone early, and at the same time in multiple timezones. So the old saying was true: "If you don't know what's going on by now, it means you still work here." I get to sweat it out for Owen for another quarter. A Yahoo employee — for now — tells us it's the other way around there. The scariest part of the job, says our tipster, is not knowing whether to work or go jobhunting.
I am a member of Yahoo Sales Operations Finance Team in Sunnyvale and over the last couple days the number of people taking off is astonishing. I think the majority of Yahoo's have decided to jump ship before the ship sinks. After the departure of Valeh a month or so ago it seems that she has been very successful at taking with her some of Yahoo's top salespeople. Within the last 3 days, Andy Wiedlin regional vice president of Yahoo out of San Francisco has taken off to join Valeh at MySpace and Mitch Kreuch, another RVP based on the east, is also taking off and will be handling MySpace sales operations on the east. The scariest about being at Yahoo right now is that despite the numerous reorgs that have gone on, there was one more today regarding the finance department even though it is clear that more than 50% of the department will be laid off. I guess if they move you closer to the door and take your stapler, you can take the hint and start looking for something else. This morning at the printer I found 5 resumes. i guess just a sign of things to come. Oh! did I mention that friday was my last day!!!!