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back to article Yahoo! cleanup! will! cost! Verizon! half! a! billion! bucks!

Verizon says it will have to write off $500m for severance and integration costs on its acquisition of Yahoo! The telco told the SEC it would mark down the $500m charge in its next quarterly report as it cuts unneeded staff and offices and mixes the rest in with AOL. It is believed as many as 2,000 workers will be getting …

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  1. Bob Vistakin
    Facepalm

    Yahoo! blew search as bad as microsoft! blew mobile!

    Both were in the market before the newbies popped up, amazingly the same company for both, Google. Both had the resources to dominate and the skilled technicians. And both are nowhere now entirely due to shit management.

    And that my friends, most certainly needs an exclamation point!

    21 1 Reply
  2. hellwig

    "operating expense synergies"

    That's quite a vapulous exclamation there.

    See, I can make-up buzz-speak too.

    5 0 Reply
    1. Fatman
      Reply Icon

      Re: "operating expense synergies"

      Otherwise known as cut the fucking costs NOW strategy.

      2 0 Reply
    2. a_yank_lurker
      Reply Icon

      Re: "operating expense synergies"

      There may be 'synergies' but Almost Online and Putrid are both nearly did relics. The 'synergies' will only provide a paper cushion for real losses.

      0 1 Reply
  3. wayne 8

    Was Yahoo! a toxic waste dump?

    0 0 Reply
    1. sanmigueelbeer
      Reply Icon
      Thumb Up

      Was Yahoo! a toxic waste dump?

      No, Yahoo! was a dump for toxic waste.

      1 0 Reply
    2. Alistair
      Reply Icon
      Mushroom

      No, Yahoo was a toxic waste dumpster fire;

      < icon as appropriate >

      0 0 Reply
  4. Milton

    Mayer for Prez

    Assuming there's anything left to clusterf**k after Dumpty Trumpty is dragged off to his new, well-padded quarters, Mayer could finish the job of running poor old USA on to the rocks. Never waste talent!

    2 0 Reply
    1. allthecoolshortnamesweretaken
      Reply Icon

      Re: Mayer for Prez

      Well, it's a thought. I'll mention it to Vladimir Vladimirovich at the next briefing.

      2 0 Reply
      1. FrankAlphaXII
        Reply Icon

        Re: Mayer for Prez

        She'll have a run for her money when HPE finishes its death spiral, same for IBM. Honestly our man Vlad has quite a few real winners to pick from next time.

        0 0 Reply
  5. herman

    Remember when Microsoft offered 45 Billion to buy Yahoo? They must be so glad it was refused.

    5 0 Reply

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