Heads Begin to Roll At Yahoo
After Microsoft gave up on its bid to acquire all of Yahoo in May, it came back with an offer to buy the Yahoo search business, but Yahoo also rejected it. Instead, Yahoo cut a search ad deal with Google that was smaller in scope. That deal collapsed after it became clear that the U.S. government would challenge it on antitrust grounds.
On the technology front, Yahoo has embarked on long-range, complicated social computing projects to catch up to nimbler rivals like Facebook, MySpace and Google.
However, Yahoo's grand vision of being the clear top choice for Web developers and for Internet users, as outlined in its Yahoo Open Strategy project, is far from realized
Having seen a steady stream of high-ranking officials depart voluntarily for greener pastures this year, there are questions of whether Yahoo has a deep enough talent bench to complete these projects on a timely fashion.
Certainly, layoff rounds as significant as the one being carried out right now don't help observers feel more confident.
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