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Yahoo Announces Weeklong Shutdown
December 22, 2009, 7:39 amThis might or might not be an obvious point, but by unplugging their computers, shutting the lights off, and turning the heat down, people who leave their homes this holiday season stand to save a significant amount of money. And now Yahoo should, too, as it's announced a decision to close corporate offices worldwide for one week.
Except for customer support centers, just about everything under Yahoo's control should go dark from December 25th through January 1st. Since employees won't get paid for the time off unless they use vacation days (or local laws require it), Yahoo will save a lot there, too.
This is the first time Yahoo's ever mandated a shutdown of this nature, so it's fair to say that the move is a big deal. There's no need for Yahoo's fans and shareholders to get panicky, however, since other companies, including Adobe and Apple, are in the habit of doing the same thing.
Also, as reported by Jessica E. Vascellaro, Yahoo actually told employees about the shutdown much earlier this year, so it's not like this is some sort of last-ditch effort to save money.
Just don't count on seeing much news relating to Yahoo between now and the second day of next year.
Related Articles:
> Yahoo, Bing Trade Market Share Again
> Yahoo Aims For Better Local Business Results
> Kaufman Bros. Analyst Upgrades Yahoo




