Feb
10
2012

Hundreds Of Job Cuts By Yahoo

Yahoo Inc is planning to lay off more than hundred workers when its first quarter financial reports are announced. Yahoo is the number two in the United States and in the month of December Yahoo had it had about 13,600 employees. Yahoo is also looking for partnership to revive its growth and the lay offs would be two months after Bartz implemented an internal management organization. According to a source, the two great giants Yahoo and the Microsoft Corporation met to discuss the company’s search business. The company has projected that the sales would be down as much as 16percent.Recession has an effect even on the leading giants.

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