Los Angeles Times Yahoo announces 2000 layoffs as new CEO seeks turnaround Los Angeles Times The layoffs show Chief Executive Scott Thompson’s seriousness about a sweeping restructuring of the troubled online company, analysts say. A worker moves a section of a Yahoo billboard onto a truck in San Francisco in December. Yahoo layoffs: Read the [...]
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Yahoo layoffs to begin next week: report
Yahoo layoffs to begin next week: report Reuters SAN FRANCISCO (Reuters) – Yahoo Inc will begin layoffs of thousands of employees next week and will announce a plan to restructure the company the week after that, according to a media report. Yahoo declined to comment. The layoffs, which will not take …
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YAHOO! PROFIT DROPS 78%, SLASHES 700 JOBS
By HOLLY SANDERS WARE Yahoo! is shedding another 5 percent of its workforce, or as many as 700 jobs, as the company copes with an online ad slump and an increasingly competitive market. Along with pink slips, the Web giant also posted a 78 percent plunge in profit and 13 percent drop in revenue under [...]
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