Losing Job At Yahoo, MySpace? Macy's Is Hiring

Seems e-commerce is hiring, and some big online companies are firing Employees being cut at Yahoo and MySpace may be able to find the right fit amongst the 725 openings at Macy's online department.

"Macy's, which has about 161,000 employees, expects to add the positions in New York and San Francisco to expand macys.com and bloomingdales.com. The retailer has also boosted its office space in both cities," the Wall Street Journal reported.

Former Yahoo employees close to San Francisco and soon to be ex-MySpacers in New York could be in luck. "Out of the 725 new jobs, 375 will be located in Manhattan, with the others divided between San Francisco and Atlanta," the New York Observer noted

Yahoo announced it was laying off 650 employees in December, but rumors suggest the number could be much higher in the new year.

Meanwhile, MySpace is set to layoff nearly half of its 1,100 workforce, Fox News reported.

"In the quarter ended Sept. 30, the News Corp. unit that includes MySpace reported an operating loss of $156 million, primarily due to the site's poor performance. News Corp. said search and advertising revenues at MySpace declined $70 million in the quarter compared to the same period a year earlier," the Wall Street Journal noted.

About the author

Frank Watson has been involved with the Web since it started. For the past five years, he headed SEM for FXCM -- at one time one of the top 25 spenders with AdWords. He has worked with most of the major analytics companies and pioneered the ability to tie online marketing with offline conversion.

He has now started his own marketing agency, Kangamurra Media. This new venture will keep him busy when he is not editing the Search Engine Watch forums, blogging at a number of authoritative sites, and developing some interesting online community sites.

He was one of the first 100 AdWords Professionals, a Yahoo and Overture Ambassador, and a member or mod of many of the industry forums. He is also on the Click Quality Council and has worked hard to diminish click fraud.