∞ Yahoo Plans 10 Percent Layoff in Product Unit
Hopefully the company will not close its door outside the USA like AOL…
From AllThingsD :
Yahoo is indeed preparing to lay off employees, in a reduction in force that will be done in December.
But the layoffs, first reported in TechCrunch at 20 percent, will be closer to 10 percent and be almost completely centered on the product organization under Chief Product Officer Blake Irving, said sources close to the situation. That would mean layoffs of about 650, since that part of Yahoo has about 6,500 employees.
