Big Yahoo Layoffs Coming Soon?; Yahoo's Response

Update: Yahoo’s (NSDQ: YHOO) response just came in — no numbers but confirmation that signification shifts are underway: “Yahoo! has embarked on a multi-year transformation that includes making tough decisions about the business to help the company grow. Yahoo! has focused its efforts to support its strategy to become the indispensable starting point for consumers, advertisers, publishers and developers. Yahoo! plans to invest in some areas, reduce emphasis in others, and eliminate some areas of the business that don