Yahoo (YHOO) Firings Begin

An update on that other, sadder Yahoo story: Reuters reports that the mass firings–1,000 or more–have begun:

One Yahoo engineering manager who was having to fire staff himself said the cuts were spread across a variety of divisions. They are performance-based rather than part of a plan to shut-down whole operations, said the source, who declined to be named. He gave no further details.

 

See Also:
Yahoo Set to Can 1,000+

Q4 Disappointing, Outlook Worse, 1000 Will Be Fired

 

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