Yahoo in a sinking ship.

With all those adds swarming in my mail boxes related to Job openings and vacancies in various companies. My list has been considerably topped with yahoo vacancies. Yahoo certainly is heading towards being a sinking ship. With the buzz spreading right from the people outside the industry to the ones pretty close to the firm, everyone knows it and have been acting accordingly. Executive turnover is a fact of the corporate life, but with pace at which the technical and the managerial heads are abandoning the (once)Internet giant things are becoming more and more difficult to cope up with.

The captains leadership and piloting skills are surely under a question. The executives who resigned carry a lot of expertise and industrial awareness out of the door. Since Microsoft walked away from the negotiating desk last May, Yahoo has been in a turmoil with shareholder mutinies, the skeptical press and now to prove it all the resignations from the key people. Jerry Yang's blood is now in the water and the sharks are circling around. Carl Icahn and other members of yahoo board are fighting for the control. But instead who would like to take the charge after Yang steps down.

Its sad to note down in the brief but impressive history of yahoo, this chapter is just about money. It will be interesting and potentially beneficial to its huge user base and 50 million shareholders if yahoo team were able to focus on the building products. Yahoo issued a statement lately on June 19th saying :

"We have a deep and talented management team across all areas of the company. Our successful implementation of our core strategies and the timely roll-out of key products this year testifies to the effectiveness of our team, and we continue to recruit outstanding talent. Yahoo continues to be a leader in our industry and remains a unique, exciting, and important place to work even as we experience the attrition that's to be expected in the Internet industry."




But the fact is that with the technical pool getting thinner day by day and its own people desolating Yahoo its becoming more and more difficult for Yahoo to recruit outstanding talent in such times of hardship.