Yahoo restructuring to cost thousands of jobs

/ 7 years ago

The Yahoo CEO is reportedly working on radically restructuring things at Yahoo. The restructuring move could see thousands of Yahoo employees lose their jobs. The restructuring at the company will take effect by January 2013. This will be Yahoo’s first change under its new CEO Scott Thompson who has arrived from PayPal. The restructuring will focus on products group, research, marketing and public relations, and businesses that are not core to the company. “As we have indicated, our leadership is engaged in a process that will generate significant strategic change at Yahoo, but final decisions have not yet been made at this point. Beyond that, we will not comment,” Yahoo said in a statement given to Reuters.

Source: Reuters


By supporting eTeknix, you help us grow. And continue to bring you the latest news, reviews, and competitions. Follow us on Facebook and Twitter to keep up with the latest technology. Share your favourite articles, chat with the team and more. Also check out eTeknix YouTube, where you'll find our latest video reviews, event coverage and features in 4K!
eTeknix FacebookeTeknix TwittereTeknix Instagram

Check out our Latest Video

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!

  • Be Social with eTeknix

  • Poll

    AMD or Intel?

    View Results