All is not rosie for Yahoo who recently announced their intent to lay off a lot of employees.
Beginning on December 13, many Yahoo employees will be getting the axe, not the best Christmas present that the company could come up with.
About 10% of employees in the product unit will be getting the heave hoe equalling about 650 of the approximate 6,500 who work in that division of the company.
In total Yahoo has just under 14,000 employees a number that will be shrinking over the coming weeks.
If you are an employee for Google, things are looking up as the company recently announced that Googlers were getting a 10% pay hike plus a $1000 bonus.