Yahoo continues to die, bit by bit

Yahoo!In a death of a thousand cuts, Yahoo!’s circling of the drain continues with two more cuts over the last two days:

  • Death of Yahoo! Video – Unable to compete with YouTube, it has stopped accepting uploads and will turn off downloads on March 15, 2011.
  • Another round of layoffs – about 4% of the remaining workforce (650-700 employes)

Things must be grim there.

Update 12/16/2010: Eep! Many properties getting the ax: Is Yahoo Shutting Down [Update: Yes] – is a service I never used, but many swore by. Acquired by Yahoo! and (to me) instantly neglected. Again, Yahoo! is where start-ups go to die….

Update 12/18/2010 When TechCrunch is saturated with news of your decline (image, right), that’s telling: