As The Guardian writes Yahoo! is expected to lay off 1000 staff in a cost-cutting exercise.

Having been made redundant from Looksmart in 2004, and knowing tonnes of people who suffered a similar fate back in the hectic days of the DotCom crash, I really feel for those guys, especially as there seems to be little details be shared about who will get the chop!

But with a fantastic forecast for online advertising growth from Group M – 30% this year – and the chance we’ll over take TV revenues next year, I’m sure there’ll be plenty of companies willing to snap up any ex-Yahoo! staff.

Seriously good luck guys!