Although news of layoffs and cost cutting is never a good sign for tech companies, there are some instances when such news arrives that may actually be a sign of good things to come.
According to The New York Times, Yahoo may be preparing to lay off hundreds of people in the coming weeks and focus on three parts of its business-- becoming a "starting point" for the most consumers on the Web; extending its advertising offerings to sites across the Web; and opening up Yahoo's technology infrastructure to third-party developers and publishers.
So what does this mean for me and you? It means that Yahoo may finally be taking a step in the right direction and realizing that the Google onslaught it has been forced to endure over the past few years will only get worse if it doesn't act now.
And based on what I saw from the company at CES, there are some signs that things may turn around.… Read more