yahoo removed 1500 employees

Replies

• 

  Kaustubh Katdare

  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.
• 

  Raviteja.g

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

  ajay_chakra

  Hey is it true
  
  Can i know why he made that decision
  
  Need more information.....!
• 

  Differential

  maybe global meltdown !
• 

  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?
• 

  Kaustubh Katdare

  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.