Yahoo may massively dismiss employees to stop the decline in the value of its shares.

Yahoo has formed a list of 1500-2500 posts that can be reduced in the next two
weeks. Jerry Yang will make the final decision on this issue this week.

The decision will significantly affect the value of the company's shares: a fall in the value below $ 20 attracted the attention of Jerry Yang and Yahoo President Sue Decker's. Jerry does not want the stock price to go down and will try to do everything possible to raise their value. At the moment, he does not intend to leave the post of CEO, or sell the company.
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As a rule, the stock market usually responds positively to downsizing by companies. It remains only to wonder whether there will be layoffs, how many of them will be in San Jose, and how this will affect the inhabitants of the city.

via. Techmeme