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    read more: #strategery, #yahoo, #lawsuits, #layoffs, #mergers, #valleywag

    Yahoo's short-term plan: layoffs and lawsuits

    YahooCubicles.jpgA still-independent Yahoo filed a 10-Q with the SEC last week, putting in writing some its current realities as well as its expectations for the coming quarter. Severance packages and other layoff expenses cost Yahoo $29 million in the first quarter. It plans to pay another $15 million in the second. Yahoo also now faces at least 10 shareholder lawsuits following the Microsoft merger negotiations.


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