Yahoo cuts jobs

jokerz4funjokerz4fun Michigan Icrontian
edited October 2008 in Science & Tech
At just $53.4 million, Yahoo!'s third quarter results are a far cry from last year's $151 million. As a result of the 64% decrease, the once-mighty search giant is cutting 10% of its workforce.  As of June 30, Yahoo's employee count was over 14,000.

Jerry Yang, Yahoo! co-founder and CEO cited economic concerns as the primary reason for loss, but remained optimistic about their future. ... Continue reading
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