Yahoo Cutting 2,000 Jobs to Focus on Personalized Services
With the Bing and Yahoo search deal, Yahoo is now heading into a new direction. Check out this blog post.
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Yahoo has confirmed it is cutting 2,000 staff from its payroll as the one-time Internet star aims to "reshape" itself for the future. The anticipated job cuts will see Yahoo refocus on a select group of core businesses, aimed at delivering highly personalised services to users and advertisers, said Yahoo CEO Scott Thompson. "Our goal is to get back to our core purpose - putting our users and advertisers first - and we are moving aggressively to achieve that goal," he said. "Unfortunately, reaching that goal requires the tough decision to eliminate positions." It has yet to provide detailed guidance on where the cuts will take place, although they were expected in.... |