Report: Yahoo to axe 650 jobs

 

Christmas commiserations.

Yahoo was expected to chop 650 US roles from its 14,100 strong workforce as early as next Tuesday, according to a report.

Roles expected to be targeted were from Yahoo's product division, recently taken over by former Microsoft corporate VP for the Windows Live Platform group, Blake Irving.

Yahoo spokespeople have declined to comment on the matter.

The cuts, representing five per cent of its US workforce, were significantly less than the 20 percent reduction reported in November by tech blog, TechCrunch.

At the time of that report, Yahoo issued a terse denial, branding the 20 percent figure as "misleading and inaccurate".

Copyright © iTnews.com.au . All rights reserved.


Report: Yahoo to axe 650 jobs
Tags
 
 
 
Top Stories
Photos: iTnews Benchmark Awards countdown begins
Just a few days left until entries close for 2014.
 
Australian Govt to rethink cyber security strategy
Six-year old policy to be refreshed.
 
The failure of the antivirus industry
[Blog post] Insights from AVAR 2014.
 
 
Sign up to receive iTnews email bulletins
   FOLLOW US...
Latest Comments
Polls
Who do you trust most to protect your private data?







   |   View results
Your bank
  38%
 
Your insurance company
  3%
 
A technology company (Google, Facebook et al)
  8%
 
Your telco, ISP or utility
  8%
 
A retailer (Coles, Woolworths et al)
  2%
 
A Federal Government agency (ATO, Centrelink etc)
  20%
 
An Australian law enforcement agency (AFP, ASIO et al)
  15%
 
A State Government agency (Health dept, etc)
  5%
TOTAL VOTES: 1076

Vote