Yahoo to Lay Off Up to 5% of Its Overall Staff

Yahoo Inc (YHOO) plans to lay off more than 600 employees as early as Tuesday, two sources familiar with the situation said on Monday. The cuts would represent between 4 percent and 5 percent of the Internet portal’s overall staff, which totaled 14,100 at the end of September according to Yahoo’s website. – Reuters

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


This site uses Akismet to reduce spam. Learn how your comment data is processed.