Yahoo mulls cuts

Share this article:
Online giant Yahoo Inc. is reportedly facing a round of layoffs as part of a restructuring to focus on its core businesses.

Diana Wong, senior director of corporate communications for the company, would not confirm the reports, referring to a company statement that said, in part, “Yahoo has embarked on a multi-year transformation that includes making tough decisions about the business to help the company grow.”

The company said it planned to increase investment and con­tinue to hire in some key areas while reducing focus or eliminat­ing roles in other areas.
Share this article:

Follow us on Twitter @dmnews

Latest Jobs:

Featured Listings

More in Digital Marketing

Ramp Introduces Video Platform for Marketers

Ramp Introduces Video Platform for Marketers

The cloud-based platform syncs with marketing automation and capitalizes on user behavior to extend view times.

CMOs Who Take Charge of Digital Make More Money

CMOs Who Take Charge of Digital Make More ...

Chief marketers who usurp the CDO role earn the board's respect, as well as base salaries of $500,000 and up, says a new study.

Microsoft Set to Overtake Yahoo in Ad Revenues

Microsoft Set to Overtake Yahoo in Ad Revenues

Marissa Mayer can take credit for reversing ad declines. Still, her company will fall out of digital's Top 3 by year's end, according to eMarketer.