Tuesday, October 21, 2008
Yahoo Earnings: What to Expect When You’re Not Expecting (Much)
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.
