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Aabaco Reassures Merchants as Yahoo Job Cuts Loom

While uncertainty swirls around Yahoo, the head of its Small Business unit wants merchants to know it remains focused on serving their needs. Amer Akhtar, Head of Aabaco Small Business, reiterated that the unit, formerly called Yahoo Small Business, will continue to operate as Aabaco Small Business, and remains a part of Yahoo. “We have upgraded our server and web services infrastructure to provide better performance, greater stability, and faster innovation,” he wrote on the Aabaco blog.

“I am excited about the work already underway here for 2016,” Akhtar wrote, and said the team has begun planning its annual customer events.

“We continue to innovate our products and are incorporating the feedback we hear from you, our customers, on your most important priorities.”

He said Aabaco is upgrading its analytics and search capabilities for its Merchant Solutions and Stores customers “to provide a better experience for you and your customers,” and said it is piloting new products, including a physical beacon that lets brick-and-mortar retailers retarget shoppers.

The post appeared on Thursday, one day after EcommerceBytes wrote about the uncertainty surrounding Yahoo’s future. It also came on the same day that new reports of Yahoo pressure appeared. The Financial Post reported that Yahoo closed its offices in Latin America and said the company is set to unveil by next week a new plan to streamline its operations – “one that’s likely to include job cuts,” it wrote.

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Ina Steiner
Ina Steiner
Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). She is a member of the Online News Association (Sep 2005 - present) and Investigative Reporters and Editors (Mar 2006 - present). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com. See disclosure at EcommerceBytes.com/disclosure/.