Reports: Yahoo to end services 650 employees
Wednesday, 15 December 2010 last updated 09:58 (GMT 0400)
This step comes within the attempts to cut costs
San Francisco, United States of America (CNN) - According to media reports that the company "Yahoo," intended to lay off about 600 to 650 employees, accounting for five per cent of the workforce.
The dispensing with the services of staff within the attempts to CEO Carol Bartz to minimize the cost, and reposition the company to the stage of growth.
The newspaper "Financial Times, " the unnamed source as saying that the staff who will complete their services, be viewing messages, starting on Tuesday.
The reductions will be targeted range of products, Yahoo, such as company news and sports pages and money, as well as e-mail service used on a large scale, as reported in the "Wall Street Journal."
And laying off staff in "Yahoo, comes on the opposite steps taken by other Internet companies, including Google, which announced last month that more than 23 thousand employees, and they will receive an increase in wages by 10 per cent in January next .
