Yahoo layoffs coming this week
payperclickoffer | October 20, 2008 at 03:15 amby
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In addition, operating budgets across the board are expected to be cut 15 percent. In January, Yahoo laid off 1,000 people, and all year it has been suffering from a major drain of talent. But it still has plenty of employees—about 14,000. Getting rid of another 10 percent or so would have a meaningful financial impact by lowering expenses, but it would also lower morale.
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