Desperate times call for desperate measures. Yahoo Inc, the second largest online search giant has been a typical example of calling shots to stabilize itself in the tough economic climate. It has already cut as many as 2400 jobs last year alone.

With Carol Bartz as the new chief executive, another round of layoffs could be announced next Tuesday, the same day when the company also announces its first quarter results. Several hundred jobs globally are likely to be affected with this move.

Recent months have been turbulent for Yahoo specially. It has lost out with Google on the online search business, although there are approximately 500 million users worldwide Also, social networking sites like Facebook and YouTube has done enough damage to corrode its young user base. The growth of the company has been stagnant over the years. Employee morale is reported to be at an all time low with decreased job security, constant and aimless revamping and departure of top level management being the major contributors.

Carol Bartz took over the post of chief executive only in January. The change in the leadership will only bring reorganization in many aspects of the struggling company. At the end of 2008, Yahoo was reported to have approximately 13,600 employees. Another round of layoffs round the corner will surely bring the numbers down by several hundreds or even more.