Yahoo! Laying Off 1,00 Wednesday

By Matt Van Hoven 

Agencyspy’s sisterblog fishbowlla reports that it obtained an e-mail from departing CEO Jerry Yang, who “told its California employees that on Wednesday, as many as 1,500 employees will be tossed.”

FBLA’s Dan Cox wrote, “The layoffs, which could ultimately number as high as 2,000, are generally across the board, but human resources will likely take the biggest hit because their expenses are cost-based and most of their costs are staff.”


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