homepage Welcome to WebmasterWorld Guest from 54.167.11.16
register, free tools, login, search, pro membership, help, library, announcements, recent posts, open posts,
Become a Pro Member
Home / Forums Index / Yahoo / Yahoo Corporate
Forum Library, Charter, Moderator: open

Yahoo Corporate Forum

    
Yahoo posts profit decline, to cut thousands of jobs
It will trim its workforce by at least 10%
trinorthlighting




msg:3771028
 10:53 am on Oct 22, 2008 (gmt 0)

Chief Executive Jerry Yang said during a conference call with analysts that the job eliminations are only part of a broader cost cutting plan, which also includes selling real estate and moving employees to low-cost areas such as Eastern Europe and Asia.

[marketwatch.com...]

Yahoo! Inc., the Internet company that rejected a takeover offer from Microsoft Corp., reported a 64 percent drop in profit and announced plans to cut at least 10 percent of its staff after advertising spending slowed.

[bloomberg.com...]

 

Global Options:
 top home search open messages active posts  
 

Home / Forums Index / Yahoo / Yahoo Corporate
rss feed

All trademarks and copyrights held by respective owners. Member comments are owned by the poster.
Home ¦ Free Tools ¦ Terms of Service ¦ Privacy Policy ¦ Report Problem ¦ About ¦ Library ¦ Newsletter
WebmasterWorld is a Developer Shed Community owned by Jim Boykin.
© Webmaster World 1996-2014 all rights reserved