Yahoo To Close Middle East Operations

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Yahoo seems to be retreating from operations in the Middle East region with the reports that the Dubai office is to close.

Yahoo is essentially shuttering its operations in the Mideast, with plans to close its final 50-person office in Dubai.

I got a series of emails from impacted employees today, who are obviously unhappy. Yahoo also confirmed the move to Gulf Business in a typical we’re-so-sorry statement, noting the office would shut down by April. This came after the Silicon Valley Internet giant had said it would keep the office open after previous layoffs last year. Yahoo To Close Middle East Operations [recode.net]