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
Myer CIO named retailer's new chief executive
Richard Umbers to lead data-driven retail strategy.
 
Empty terminals and mountains of data
Qantas CIO Luc Hennekens says no-one is safe from digital disruption.
 
BoQ takes $10m hit on Salesforce CRM
Regulatory hurdles end cloud pilot.
 
 
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
  35%
 
Your insurance company
  5%
 
A technology company (Google, Facebook et al)
  9%
 
Your telco, ISP or utility
  8%
 
A retailer (Coles, Woolworths et al)
  4%
 
A Federal Government agency (ATO, Centrelink etc)
  18%
 
An Australian law enforcement agency (AFP, ASIO et al)
  15%
 
A State Government agency (Health dept, etc)
  7%
TOTAL VOTES: 4062

Vote
Do you support the abolition of the Office of the Information Commissioner?

   |   View results
I support shutting down the OAIC.
  27%
 
I DON'T support shutting the OAIC.
  73%
TOTAL VOTES: 1390

Vote