New ex-Yahoos won't be alone on the street
Jerry Yang, you're not helping the local economy. Silicon Valley unemployment reached 6.5 percent last month, up from 6.4 percent in July. It's the fourth month in a row that the number increased, reports Digital Daily. Hewlett-Packard recently announced it plans to cut 24,000 jobs, and an analyst said eBay needs to lose 1,500. But we're curious: Have any startups had layoffs? The snidely buoyant attitude of South of Market's bubble dwellers is unlikely to change until their friends start getting pink-slipped.