Report: Yahoo to axe 650 jobs

By

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.

Report: Yahoo to axe 650 jobs

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".

Got a news tip for our journalists? Share it with us anonymously here.
Copyright © iTnews.com.au . All rights reserved.
Tags:

Most Read Articles

Vic firefighters doing battle with IT outages

Vic firefighters doing battle with IT outages

Transport for NSW restructures tech division

Transport for NSW restructures tech division

CSC to buy UXC for $428m

CSC to buy UXC for $428m

Lockheed Martin's IT business nears $7bn sale

Lockheed Martin's IT business nears $7bn sale

Log In

  |  Forgot your password?