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  • Kaustubh Katdare

    Administrator • Oct 30, 2008

    Its not a rumor. Jerry Yang wrote an email to all employees clearly saying that Yahoo will reduce its workforce by 10%. That accounts to about 1500 employees.

    However the layoffs will happen over the next couple of weeks.
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  • Raviteja.g

    Member • Oct 30, 2008

    Then what about other companies!
    are they in the same decision?😒
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  • ajay_chakra

    Member • Oct 31, 2008

    Hey is it true

    Can i know why he made that decision

    Need more information.....!
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  • Differential

    Member • Nov 3, 2008

    maybe global meltdown !
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  • mahul

    Member • Nov 3, 2008

    But the product industry shouldn't be that badly hit by the recent slump. Can the corporates shed some light on the possible reasons for downsizing?
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  • Kaustubh Katdare

    Administrator • Nov 3, 2008

    mahul
    But the product industry shouldn't be that badly hit by the recent slump. Can the corporates shed some light on the possible reasons for downsizing?
    Product industry is badly hit by the slump. Yahoo is another story. They haven't been doing well since long time.
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