Yes, more layoffs are indeed coming to Yahoo, sources confirmed to BoomTown, but perhaps even more than have been reported.

But that’s not all, as even more top-level managers are either leaving or being moved around the ever-changing organizational structure at Yahoo.

That includes a longtime top sales operations exec, Dan Foehner, who is about to start at Facebook next week, as well as others contemplating leaving, on their way out or being reshuffled.

In other words, business as usual at the tumultuous company, whose nickname should be “Reorg.”

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BoomTown has a feeling the very friendly new AOL CEO and Chairman, Tim Armstrong, is not going to waste his time chasing down and threatening to drop-kick leakers into outerspace.

At least I hope he has better things to do! Like, you know, turning around the troubled Time Warner online unit.

So here is his first memo to AOL staffers, leaked to me. (Don’t go all Bartz on me, Tim, because it won’t work anyway!)

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Jill Nash, Yahoo’s chief communications officer, has told CEO Carol Bartz and other Yahoo staff this afternoon that she is leaving the company.

Nash, sources said, told staff that she does not have any plans to move to another company immediately, so the reasons for her departure are unclear.

BoomTown would have to guess that Nash is simply completely spent from her past two years at Yahoo, which have been very fraught from a public relations perspective, to say the least.

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Here is the letter AOL CEO Randy Falco has penned to the entire staff about its layoffs of 10 percent of its workforce–or 700 people–and other cost cuts, which the online service is announcing today.

“We’re at a pivotal point in AOL’s transformation, and need to be even more strategically focused and operationally efficient as we weather the economic storm,” wrote Falco, in part, about the move.

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Time Warner online unit AOL is cutting 700 employees due to the weak economy and the ensuing falloff in advertising revenue, but also because of recent structural changes made to refocus the once-mighty service.

AOL CEO Randy Falco sent a memo this afternoon to AOL staff about the layoffs and other cost cuts being made, confirming the moves.

Other changes: Goodbye to raises and a hello to a consolidation of AOL’s facilities.

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Here is the full memo from Microsoft CEO Steve Ballmer about the 5,000 layoffs and other cost cuts just announced, due to economic slowdown, which also resulted in weak financial results for the second quarter.

It’s not a happy missive, obviously, but tough times have also hit Microsoft hard.

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With so many more ex-Yahoos out there now, BoomTown put out feelers to a range of them to ask whom they would like to run the company they no longer work for. After all, who better than to pick a new CEO than an ex? The response was swift and varied wildly, depending on which way the ex-Yahoo felt the company should go, from a basic turnaround expert to–drum roll, please–his digital Holiness, Steve Jobs of Apple. No kidding.

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While layoffs have become all too common across tech and this country, today’s at Yahoo feel a little worse, coming after 18 unceasing months of painful changes and stumbles at the troubled Internet icon. As previously reported by BoomTown, about 10 percent of Yahoo’s workforce–1,500–are expected to get their walking papers, starting this morning. I have gotten more than a dozen impassioned emails from Yahoo employees, some of whom are there and some who have left, this week alone–all of whom truly care for the company, in spite of obvious anger.

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While there are layoffs all over now, as evidenced by the dismal jobs reports last week, the long-planned Yahoo layoffs will definitely be taking place Wednesday. The layoff number was announced by its (eventually outgoing) CEO Jerry Yang on its last earnings call on Oct. 21. BoomTown wrote about the exact timing of the sad date a few weeks ago. Many Yahoos have emailed me to ask the particulars last week, since most at the company don’t know what’s up. Here’s what I found out.

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As BoomTown reported earlier today in an exclusive scoop, Yahoo has confirmed that CEO Jerry Yang will be stepping down and a search for his replacement is underway.

Heidrick & Struggles will conduct the search for a new CEO, who is likely to come from outside the company.

Here is the entire Yahoo press release about the development…

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BoomTown has obtained the entire memo from Jerry Yang to his employees at Yahoo about his plans to step down as Yahoo CEO.

Yang, a truly nice man–which has been a plus and a minus for him–and an Internet visionary for sure, penned a classy note to the Yahoo troops. And BoomTown, feeling sentimental, will not even make fun of the lack of capitalization this time.

Here’s the memo…

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Here’s an interesting video from The Vote Hour, which is trying to get CEOs to let employees take off an hour from work to vote.

But while the group is independent and bipartisan, it is also an effort that started at Google.

The video includes the search giant’s CEO, Eric Schmidt, along with a panoply of well-known execs, including a lot from tech.

Also included, apparently for comic relief, is real estate mogul Donald Trump.

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Along with its third-quarter results released today, Yahoo CEO Jerry Yang sent a memo to Yahoo’s staff about the streamlining the company would be undertaking.

That would be about 1,400 to 1,500 employees, or 10 percent of Yahoo’s global workforce.

As usual, his kindergarten punctuation was in full force, despite the sad tone of the missive.

At least, Yang is consistent.

Here’s the memo.

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Here’s a bright spot in Yahoo’s third-quarter earnings announcement later today: Sources told BoomTown that the company will not announce a specific number of layoffs tomorrow, although it will give an overall percentage of employees and costs to be cut.

In other words, you get to practice your long division and multiplication skills! Fun!

Other than that, of course, when Yahoo CEO Jerry Yang gets on the horn at at 2 p.m. Pacific time, the outlook is likely to be a wall-to-wall glumfest.

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Who let the dogs in at Yahoo?

It wasn’t BoomTown, for sure.

But it was another bad day for the troubled Internet company’s stock. By the day’s end, Yahoo’s shares had dropped to $11.75, down 90 cents or just over 7 percent.

Which means Yahoo has officially dropped down a rabbit hole and is headed to parts unknown.

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