Yahoo layoffs have begun today, as Mayer tries to turn around her turnaround
Yahoo layoffs have begun today, according to numerous sources, with conference rooms across all its facilities reserved to tell employees that they have been fired.
Sources said the cuts are deep and widespread, up to 15 percent of the staff of the Silicon Valley Internet giant that has not been able to gain ground under its latest CEO, Marissa Mayer. That’s more than 1,500 jobs, with cuts coming in media and sales. Yahoo’s search efforts have been largely spared the ax, since it is an area that Mayer thinks is poised for growth.
This post first appeared on The Verge.