Yahoo! to layoff 1,000 jobs

Posted: January 30, 2008 in Tech

Yahoo announced it would cut 1,000 jobs by February after the sales in the fourth quarter dropped 23 percent.

Yahoo reported that the net income for the last quarter ending December 31 dropped approximately 60 million dollars compared to the same period a year ago, while the operating income fell 38% compared to last year, to $191 million.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s