Yahoo’s Layoffs Set For Tomorrow Morning, Cuts Jobs Of Upto 2,000 Employees

Posted on Apr 4 2012 - 9:59am by Editorial Staff

Here are the numbers of what Yahoo is laying off tomorrow morning – the company is firing around some 2,000 employees in its massive round of layoffs – but wait cited the “sources” close to the situation, AllThingsD reports that this is just the beginning there is a lot to come more in the coming months. The company is going to announce the cuts in staff in the early morning, as soon as the markets open.

Earlier we reported that the new Yahoo could be a much small entity with a focus on media and advertising, with the layoff targeted at the product, research and marketing groups. Yahoo’s CEO Scott Thompson has convened top management to outline the restructuring plans and will officially announce a rumoured restructuring soon.

(Image Source: Yahoo logo, Featured Image)

About the Author

Editorial Staff at I2Mag is a team of subject experts.