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Kenshin's Words

Ever lost touch, let a good friendship die,
'cause you never had time to call and say "hi"?
You better slow down, don't dance too fast,
time is short, the music won't last.
When you run so fast to get somewhere,
you miss the fun of getting there.
When you worry and hurry through each day,
it is like an unopened gift thrown away.
Life is not a race, so take it slower,
hear the music before the song is over.
Wednesday, January 28, 2009

Yahoo ! To Freeze Pay Hikes in '09'

Posted by Galaxy of Kenshin


Hi Friends this the latest news that has been given by yahoo..........

Yahoo! has decided to freeze salary hikes of its employees this year as the Internet major explores cost cutting measures to cope with the deteriorating global economic situation.

"Based on the current economic environment and our focus on keeping costs in line with revenues, we have decided that providing annual salary increases would not be in the best interests of the company or our shareholders," Yahoo! spokesperson based in the US Kim Rubey said.

Rubey noted that the freeze on salary hikes would be "in place through 2009". The latest move comes in less than two weeks after Carol Bartz took over as the Yahoo! Chief Executive from its founder Jerry Yang. In 2008, Yahoo!'s global headcount stood at 15,000 and of them, around 1,500 employees are in India. "This decision is consistent with our broader focus on strategically reducing Yahoo!s costs, an effort that has been underway for some time now.

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