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 Core Update Flux, AdSense Ad Intent, California Link Tax & More - YouTube
Video Details More Videos Subscribe to Videos

Most Recent Articles

Google Updates

Google March Core Update Still Rolling Out & Heated SEO Chatter Continue

Apr 25, 2024 - 7:51 am
Google

Report: How Prabhakar Raghavan Killed Google Search

Apr 25, 2024 - 7:41 am
Google Search Engine Optimization

Google Favicon Documentation Adds Rel Attribute Value Definitions

Apr 25, 2024 - 7:31 am
Google Ads

Google Ads API Version 16.1 Now Available

Apr 25, 2024 - 7:21 am
Google Search Engine Optimization

Google: Splitting & Merging Sites Takes Longer Than Normal Site Migrations

Apr 25, 2024 - 7:11 am
Search Forum Recap

Daily Search Forum Recap: April 24, 2024

Apr 24, 2024 - 4:00 pm
Previous Story: Test Results: Gary Illyes From Google Is An Amateur SEO