Yahoo Trying to Sell HotJobs, Yahoo Small Business
Since taking the helm of Yahoo in January, CEO Carol Bartz has been consolidating management of the company’s sundry product groups, shaving excess costs (including laying off 700 more employees in the second quarter), and otherwise directing resources to support those properties that have consistently performed the best, like Yahoo Mail. Indeed, just this morning, Yahoo unveiled a new homepage that is already receiving rave reviews for a revamped design that includes more personalized features, along with embedded widgets of third parties like Facebook and MySpace that will enable users to enjoy the Web without leaving Yahoo. Now, peHUB has learned from multiple sources that as part of Bartz’s drive to dismantle non-core assets, Yahoo is also trying to shed both HotJobs, which Yahoo acquired for $436 million in cash and stock back in 2001, and Yahoo Small Business, which helps customers get their small businesses online by providing them with everything from domain registration to site monitoring to promotional tools.
