Yahoo Chief Executive Marissa Mayer is set to reveal cost-cutting plans that include slashing 15% of its workforce, or roughly 1,600 jobs, and closing several business units, the Wall Street Journal reported on Monday. Chosen excerpts by Job Market Monitor. Read the whole story at Yahoo Will Cut 15% of Its Workforce | Money.com
Internet giant Yahoo is closing its China office as part of a worldwide consolidation aimed at cutting costs. The Beijing research centre is Yahoo’s only remaining physical presence in the country after it sold its Chinese operations to Alibaba in 2005. A spokesperson said “around 350 jobs” would be eliminated. “We are constantly making changes … Continue reading
Yahoo Inc. is cutting between 100 and 200 employees, mostly in Canada, according to a person familiar with the matter, as Chief Executive Marissa Mayer works to reduce costs at the Internet company. The layoffs, focused on employees in the company’s Canadian offices, would affect roughly 1% of Yahoo’s world-wide staff of 12,500, this person … Continue reading
What the newly hired get at Tech Companies. Facebook, LinkedIn, Square, Google, Apple, Twitter, Dropbox, Airbnb and more Continue reading
Yahoo’s headcount has decreased by about 1,000 employees during Marissa Mayer’s first year, through a combination of attrition and ramped-up performance management, with staffers now getting reviewed on a quarterly basis instead of every year. Continue reading
Google plans to double its server capacity in Oklahoma and add 50 new jobs when it builds a new facility in the state, company officials announced Wednesday. The new facility will be built next to the $600 million data centre Google opened near Pryor last fall, said data centre operations manager Mike Wooten. Google will … Continue reading
Yahoo Inc will begin layoffs of thousands of employees next week and will announce a plan to restructure the company the week after that, according to a media report. Yahoo declined to comment. The layoffs, which will not take place all at once, will mostly affect Yahoo’s product, research and marketing groups, according to the … Continue reading
Yahoo Inc’s new chief executive is preparing a significant restructuring of the Internet company, including layoffs that could cut thousands of employees from its payroll, according to a technology blog. The moves could be announced as soon as the end of the month and would represent the first major changes under CEO Scott Thompson, the … Continue reading