Yahoo announces first round of layoffs

Posted on 11th Feb 2016 | 1077 views

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Yahoo Inc announced that it will to lay off more 100 employees. Recently yahoo announced to lay off more than 1500 people. The affected employees are expected to receive 2 months notice period of the move.

Yahoo announces first round of layoffs

The layoffs were spread across a range of departments and job titles. Yahoo CEO Mayor announced that it will cut roughly 15% of its workforce as part of a strategy to revamp its core internet business. At present, Yahoo had about 11,000 employees as of June 30.

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