Yahoo has been having trouble for a while now, and that is not much of a secret. We have already seen a major round of employee layoffs, and, according to a recent news article from the San Francisco Gate, the company is about to make another significant reduction in the number of employees. This current round of job cuts will mostly be in the magazine division of the company.
This latest round of job losses involves over 300 employees who are currently working at the company’s California location. The employees were told that their respective last days on the job would be April 18 of this year. Company officials say that cutting their workforce will reduce the overall operating budget, and if they are not able to do that, they will likely not be able to survive. Continue Reading ›