Free Republic

Yahoo Inc.'s employees will forgo their usual pay raises this year as the slumping Internet company struggles to boost its profits in a brutal recession. The Sunnyvale-based company confirmed the salary freeze Thursday, the day after informing employees of the decision. The austerity measure marks one of the first cost-cutting actions taken by Yahoo's new chief executive, Carol Bartz, who was hired two weeks ago to engineer a turnaround. "Our management decided this was the responsible thing to do," Yahoo spokesman Brad Williams said. Some workers still could get raise this year if they are promoted to other jobs, Williams...

Two days after taking the job of CEO of AutoDesk, Carol Bartz was diagnosed with breast cancer. She missed one month for surgery and chemo, returned to work, and proceeded to whip an aimless, undisciplined company into shape. Two days after taking the job of CEO of Yahoo, Bartz reportedly threatened to "dropkick to f*****g Mars" anyone whose gossip about the company ended up on the blogs, according to Valleywag. Of course, someone did and promptly sent it to Valleywag, the National Enquirer of tech. Valleywag thought she was joking, but if she was serious, "she's going to wear her...