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When mainstream brick and mortar industries are not experiencing great days can online kings be far behind? Add to that sluggish growth and weird management policy, Yahoo,  the embattled internet firm in desperate measures to cut costs and convince shareholders may announce close to thousands of lay off. Global Equities Research analyst Trip Chowdhry who feels Yahoo like Ebay is also fatigued, said the axe may or may not fall on Yahoo Mail, Instant Messenger, Yahoo Finance, Flickr and Del.icio.us.

The bad news is not ending here. As per sources Yahoo’s deal with AT&T is also under keen surveillance.

In recent years Yahoo! has struggled against Google, whose share of the internet search market is more than three times as big, and has also faced competition from social networking sites such as MySpace and Facebook, as well as other players in the online advertising market, including Microsoft. Link 

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