Results 1 to 2 of 2

Thread: Yahoo is laying off 2,000 employees

  1. 04-04-2012, 09:47 AM #1
    longnecker's Avatar
    longnecker
    longnecker is offline Site Supporter
    Join Date
    Dec 2007
    Location
    Long Neck , De
    Posts
    8,725
    Thanks
    838
    Thanked 990 Times in 584 Posts

    Yahoo is laying off 2,000 employees

    SAN FRANCISCO — Yahoo is laying off 2,000 employees as new CEO Scott Thompson sweeps out jobs that don't fit into his plans for turning around the beleaguered Internet company.The cuts announced today represent 14 percent of the 14,100 workers employed by Yahoo, which is based in Sunnyvale, Calif.
    The housecleaning marks Yahoo's sixth mass layoff in the past four years under three different CEOs. This one will inflict the deepest cuts yet, eclipsing a cost-cutting spree that laid off 1,500 workers in late 2008 as Yahoo tried to cope with the Great Recession.
    Thompson is making his move three months after Yahoo lured him away from his previous job running eBay Inc.'s online payment service, PayPal.
    Reply With Quote Reply With Quote
  2. 04-04-2012, 11:45 AM #2
    Josef's Avatar
    Josef
    Josef is offline TD Fanatic
    Join Date
    Jul 2009
    Location
    The Batcave
    Posts
    4,544
    Thanks
    190
    Thanked 338 Times in 175 Posts

    Re: Yahoo is laying off 2,000 employees

    Great, so the idiot that ruined EBay/Paypal is now running Yahoo. Smart move
    Reply With Quote Reply With Quote
« Previous Thread | Next Thread »

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Forum Rules