• Silicon Alley Insider, Monday, January 21, 2008 11:30 AM

There's more bad news on the Yahoo front. An anonymous tip claims the company has created a list of between 1,500 and 2,500 jobs that could eliminated in the next few weeks. Apparently, Yahoo CEO Jerry Yang will make a final decision about the move this week, with a public announcement coming either at or before earnings on Jan. 29.

The floundering Web giant should cut at least 1,000 the tech blog believes, if not 2,000. The question is whether Yang, described as "a good guy unwilling to make hard-ass decisions," has the nerve to do so.

Other factors include the company's stock price, which recently hit new lows last week. Apparently, Yang is keen to do whatever he can to keep Yahoo's stock from slipping into the teens. But he's not ready to give up the CEO job, sell-out, or shop the company around at this point.

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