Of course, I can’t imagine advertisers are going to say we’re going to juice up spending soon, and so we’re assuming a lengthy period of weakness.
當然,廣告客戶也不太可能在現在這種情形下增加開支,所以我們假定會有一段長期的疲軟時期。
I don’t think anyone is going to be immune,even though search performance ads are probably more able to withstand a downturn in spending.
我覺得沒有人能幸免,盡管捜索廣告似乎更有抵抗力。
What was good for us was that our search and our performance display businesses were both up in the quarter.
我們能看到的好的方面是,在這個季度,我們的搜索和圖片廣告仍然堅挺。
Any more details about the layoffs and other cuts?
能告訴我們一些裁員和縮減開支的細節嗎?
We want to do it before the holidays, which is why we wanted to let people know that it would affect 10 percent of Yahoo’s work force.
我們計劃在假期前裁員,我們想讓大家知道會有10%的員工受到影響。
But we also want to make sure that we are cutting to be more effective and not cutting for cutting’s sake.
但是,我們也希望大家知道,裁員是為了提高效率,不是為裁員而裁員。
We have been growing costs for the last few years while we were investing in new products and platforms, and we have also made a lot of acquisitions and additions.
最近幾年,隨著投資新產品和平臺、收購的發展,我們的開支也增加不少,
There have been redundancies and geoconsolidation that we had not addressed that we are doing now.
我們的業務出現一些重復和地區沖突,我們現在要解決這些問題。
I know that sounds generic, but doing this is really important.
我知道這聽起來沒有什么特殊的,但這確實很重要。
I look at these cuts as both a short-term and long term effort.
縮減開支是我們短期,也是長期的努力目標。
In the short term, we have consolidation and organizational corrections to make.
短期來講,我們需要合并一些業務,對組織結構進行調整
In the long term, we will look at our whole portfolio and are now asking ourselves in each case if we need to be in this business.
長期來看, 我們會關注我們的整體資產狀況。我們 一直問自己這樣一個問題:我們是否需要這項業務?
We're asking ourselves—should we sell it or should we shut it down?
我們這樣問自己,我們是要賣掉它呢,還是廢止它?
That is the kind of comprehensive look we are doing across the company.
這是我們正 在全公司做的綜合考慮。
What about acquisitions? Everyone knows you are talking to AOL, but what else are you thinking about here?
收購的事進展如何?人人都知道,你在和美國在線網談,你還有什么打算?
I am not going to comment specifically on AOL.
這件事兒我并不想詳談。
But, in general, when the market is going through what it is going through, we have to be making adjustments all the time, because things are different than they were even three or four weeks ago.
但總的來講,市場走到現在,我們必須時時修正方向,因為現在的情況和三四周前已經大不一樣。
But I like a lot of things we have going for us in the current situation.
但我對我們在這種情形下正在做的很多事情都保持樂觀,
We have no debt. We have a strong cash position.
我們沒有負債,現金充足,
You have to ask what is going to happen to a lot of companies when there is not a lot more money to be gotten.
很多公司到了快沒錢的時候就不得不問自己該怎么走,