Featured Articles

5th Generation Broadwell 14nm family comes in three lines

5th Generation Broadwell 14nm family comes in three lines

Intel's 5th Core processor family, codenamed Broadwell, will launch in three lines for the mobile segment. We are talking about upcoming…

More...
Broadwell Chromebooks coming in late Q1 2015

Broadwell Chromebooks coming in late Q1 2015

Google's Chromebook OS should be updating automatically every six weeks, but Intel doesn't come close with its hardware refresh schedule.

More...
New round of Nexus phone rumour kicks off

New round of Nexus phone rumour kicks off

Rumours involving upcoming Nexus devices are nothing uncommon, but this year there is a fair bit of confusion, especially on the…

More...
Nvidia officially launches the 8-inch Shield Tablet

Nvidia officially launches the 8-inch Shield Tablet

As expected and reported earlier, Nvidia has now officially announced its newest Shield device, the new 8-inch Shield Tablet. While the…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Wednesday, 30 January 2008 11:51

1,000 workers to be dumped from Yahoo!

Written by David Stellmack

Image

7 percent reduction following profit decline


Yahoo! Inc.
will reduce its workforce by 7 percent, laying off over 1,000 workers due to a 23 percent decline in its fourth quarter profits, according to a conference call held earlier Tuesday.  Yahoo! Founder, Jerry Yang, indicated that the reductions were necessary.

This will be the biggest layoff in Yahoo! history since they gave over 650 workers their walking papers during the dot com bust several years back. Yahoo! didn’t indicate which areas the staff reductions would come from, but said that more details would follow in the mid-February time frame.

Those workers who are losing their jobs will (literally) not be saying Yahoo!

Last modified on Wednesday, 30 January 2008 11:58

David Stellmack

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments