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The Well-Grounded Yuppie


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Tuesday, February 12, 2008

Yahoo Layoffs Begin, Recruiters Aware

It seems like Jerry Yang, the new Yahoo CEO has decided to lay off about 1000 people. By what I personally understand, it's just one company getting hit, not an "economic recession". In fact, other companies in Silicon Valley are increasing efforts to acquire all the talented employees that lost their jobs. I guess it's the survival of the fittest in the corporate world. I believe most competent people will find jobs in the valley in a short amount of time. The incompetent people can still find jobs as long as they have good interviewing skills.

I remember when MSI closed down, why weren't MSI employees picked off by different companies in Research Triangle Park? Granted that MSI doesn't have the big name like Yahoo, but most MSI employees were extremely intelligent. After all, isn't RTP supposed to be "the Silicon Valley of the East Coast"?

3 Comments:

Blogger Andrew said...

"I believe most competent people will find jobs in the valley in a short amount of time. "

The competent people will not get laid off. Large companies do these rolling lay off's as a way to purge dead weight while avoiding wrongful termination lawsuits. It's genius really. Working where I do, I see this all the time.

2/15/2008 9:51 AM  
Blogger Paul Zhao said...

Sometimes, who departments get cut.

2/18/2008 10:31 AM  
Anonymous Eric from International Careers said...

"The incompetent people can still find jobs as long as they have good interviewing skills."

Good interview skills and I guess the fact that they come from a Silicon Valley company previously, would mean relevant and significant experience which is valuable to a potential new employer.

7/15/2009 2:35 AM  

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