Report: Mass Yahoo Layoffs Coming Soon

Jan 8, 2016 - 7:53 am 2 by
Filed Under Yahoo News

Sparkle Rain Yahoo 1900px

Business Insider reports that Yahoo is prepping to layoff about 10% of its workforce. The struggling company, even under Marissa Mayer's leadership, has not seen the recovery expected from its investors.

The company is working on a plan to cut at least 10% of its workforce, said sources familiar with the situation. The cuts would reduce Yahoo's headcount by more than a thousand employees and could begin as early as this month, the sources said.

According to the latest employee count, Yahoo has about 12,500 employees, so about 1,250 Yahoo employees are at risk of losing their jobs.

It is sad to hear and I love the company but its efforts to resurrect itself have not manifested.

Forum discussion at WebmasterWorld.

 

Popular Categories

The Pulse of the search community

Follow

Search Video Recaps

 
Google Volatility, Indexing Bugs, Google Ads Broad Match Default & YouTube SEO Tips - YouTube
Video Details More Videos Subscribe to Videos

Most Recent Articles

Search Forum Recap

Daily Search Forum Recap: July 18, 2024

Jul 18, 2024 - 10:00 am
Google Updates

Google Search Ranking Algorithm Volatility - July 18th

Jul 18, 2024 - 7:51 am
Google

Google Tests AI Overviews In Workspace Accounts In The UK

Jul 18, 2024 - 7:41 am
Google

Google Bolding Query In Search Box When Cursor Out Of Search Box

Jul 18, 2024 - 7:31 am
Google Search Engine Optimization

Google Merchant Center Next Coming To All Merchants

Jul 18, 2024 - 7:21 am
Google Search Engine Optimization

Google's Site Reputation Abuse Update Leads Gaming Affiliate To Reduce Financial Forecast

Jul 18, 2024 - 7:11 am
Previous Story: Test Results: Gary Illyes From Google Is An Amateur SEO