Tag: yahoo lay offs

  • Yahoo to lay off 10% of its workforce

    Yahoo is gonna let go 10% of its staff. Maybe more next year. Yahoo’s CEO Jerry Yang dropped this bomb in a company wide email. Apparently this will help the company save $400 million in annual costs. Here is the full email text: From: Jerry Yang [mailto:jerry@yahoo-inc.com] Sent: Tuesday, October 21, 2008 2:20 PM To:…