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Yahoo set for significant layoffs next week, reports say

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Sun, 01 Apr 12 7:32 AM | 37 view(s)
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By msnbc.com staff

Yahoo is preparing to make significant layoffs next week in an ongoing effort to restructure the company, CNBC’s Scott Wapner reported Friday.

CNBC cited as its source a story on the news website AllThingsD.com, which said the Yahoo layoffs could touch thousands of employees. The company is then expected to announce a new restructuring of the company the following week, the report said.

Earlier this month, reports said Yahoo’s new CEO Scott Thompson is preparing a massive restructuring of the Internet search firm, including layoffs that are likely to number in the thousands.

http://marketday.msnbc.msn.com/_news/2012/03/30/10942496-yahoo-set-for-significant-layoffs-next-week-reports-say




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.


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