Yesterday, Yahoo had confirmed that it will lay off about 4 percent of its work force. Following that came details that Yahoo will shutdown many web properties that were bought or internally created. Network Effect of AllThingsD reported about a Web Cast slide listing popular online entities like Delicious, Altavista, Yahoo Bookmarks, Yahoo Picks, Yahoo Buzz, and MyBlogLog under Sunset mode - means may shut down soon. The slide also listed a few other Yahoo properties which will be merged with others.
Yahoo lay offs were pretty much an internal company affair carried out through a web cast. MyBlogLog founder Eric Marcoullier, posted the image of products listed under "Sunset" (Shutdown) and "Merge" on Twitter but soon, the image was deleted. The web cast image showed Chief Product Office Blake Irving and Executive VP for Yahoo America Ross Levinsohn making the lay-offs related announcements. Marcoullier was criticized by Yahoo employees for putting up the screen-grab on Twitter.
Here's the list of products that were listed under Merge and meant to be merged with existing or upcoming products - FoxyTunes, Sideline, FireEagle, Yahoo Events and Yahoo People Search.
When concerns about social bookmarking site Delicious shutdown were raised, Yahoo spokeswoman replied with the following official statement:
Part of our organizational streamlining involves cutting our investment in underperforming or off-strategy products to put better focus on our core strengths and fund new innovation in the next year and beyond. We continuously evaluate and prioritize our portfolio of products and services, and do plan to shut down some products in the coming months such as Yahoo! Buzz, our Traffic APIs, and others. We will communicate specific plans when appropriate. How to backup your Delicious Bookmarks: Now if you are an active Delicious user, we expect you to know how to export your bookmarks. Those who don't, need to visit this link. After logging in, you can export all the bookmarks you've made in form of an HTML File.
Back when the Social Web 2.0 was like a phenomenon, every month there used to be a number of websites being announced in the same segment like social bookmarking. Social bookmarking was fun for the web crawlers and now the agenda is to "Share" whatever you've bookmarked to seen on the web. Some of the Yahoo products that are under fire haven't got much momentum since their acquisition or launch. Yahoo is yet to officially give a deadline to the products listed under the "Sunset" list. Yahoo is working hard to get back into competition and all they need is a one awesome product.