In their biggest reduction in employee base since the dot com bust, Yahoo is planning to cut 1000 jobs in an effort to streamline their operations.\u201cThe Sunnyvale-based company announced the upcoming 7 percent reduction in its 14,300-employee work force during a Tuesday conference call to review a 23 percent decline in its fourth-quarter profit.\u201dThere’s no word on exactly which area(s) of the company might be losing employees, but we’ll keep you posted as we receive more information.<\/p>\n","protected":false},"excerpt":{"rendered":"
In their biggest reduction in employee base since the dot com bust, Yahoo is planning to cut 1000 jobs in an effort to streamline their operations.\u201cThe Sunnyvale-based company announced the upcoming 7 percent reduction in its 14,300-employee work force during a Tuesday conference call to review a 23 percent decline in its fourth-quarter profit.\u201dThere’s no word on exactly which area(s) of the company might be losing employees, but we’ll keep you posted as we receive more information. Continue reading