Thursday we learned that once-vibrant Yahoo! has finalized plans to divest itself of “non-strategic” and “under performing, non-core” assets.  The services headed to the chopping block include AltaVista, MyBlogLog, Yahoo Buzz and the social bookmarking platform Delicious.

To suggest that Yahoo! is hurting is not exactly a news flash.  But there’s hurt and there’s decimation. The company started by David Filo and Jerry Yang in 1994 – once the darling of the web – has been, well, shellacked.  Since new leadership was introduced in Jan 2009, we’ve seen layoffs, the sale of assets and general turmoil.  The place is a mess.  Adding to the Pigpen-like gray cloud of chaos surrounding Yahoo! is the dubious decision to chop Delicious.