Ax Falls at Yahoo as Yang Notes 'Tough Times'
Dec 11, 2008, 23:03 (0 Talkback[s])
(Other stories by David Needle)
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"A Yahoo spokesperson confirmed that 1,500 remains the
approximate total number of those being let go -- about ten percent
of the company's workforce. She also said the cuts are global and
across all departments.
"The news comes as the latest effort by the pioneering Web
portal to streamline operations in a difficult advertising market.
At the same time, it's working to find its footing after rivals
Microsoft and Google earlier this year each backed out on doing
deals with the company that could have dramatically altered its