I recently learned that Yahoo is closing the social bookmarking site Delicious. This is sad news for those who rely on Delicious to boost traffic to their blogs.
In a statement attributed to Yahoo's leadership, the company explained why it was closing Delicious, and taking some other drastic steps — including laying off a significant number of its employees. Here's the statement, in part:
Part of our organizational streamlining involves cutting our investment in underperforming or off-strategy products to put better focus on our core strengths and fund new innovation in the next year and beyond.*
Sounds like a plan to me.
Are you streamlining?
Ditching your underperforming products?
Bidding a fond farewell to those things you love to make, but which are not selling.
Unloading all the “fun” projects that don't fit in with your company's long-term strategy?
Making room for focus on your core strengths?
Are you ready to innovate in 2011? Are you making the tough decisions that will add to your company's bottom line in the coming year?
Question: How are you shaking things up for more success in the coming year? I'd love to know a bit about the exciting things you have planned!