Tuesday, April 20, 2021

Yahoo Cuts 2,000 Jobs

CNNMoney: Today, Yahoo said it will lay off 2,000 employees, or approximately 14 percent of its total workforce. According to the company, the job cuts will save Yahoo $375 million per year. New CEO Scott Thompson called the cuts “an important next step toward a bold, new Yahoo — smaller, nimbler, more profitable and better equipped to innovate. Our goal is to get back to our core purpose — putting our users and advertisers first.”

Many observers believe that additional rounds of layoffs will follow after this one.

Similar articles

Latest Articles

IT Planning During a...

Without a doubt, 2020 changed everything. I like to compare it to a science fiction movie where time travel is involved. Clearly, we have...

Best Data Quality Tools...

Data quality is a critical issue in today’s data centers. The complexity of the Cloud continues to grow, leading to an increasing need for...

NVIDIA’s New Grace ARM/GPU...

This week is NVIDIA’s GTC, or GPU Technology Conference, and they likely should have changed the name to ATC because this year – it...

What is Data Segmentation?

Definition of Data Segmentation Data segmentation is the process of grouping your data into at least two subsets, although more separations may be necessary on...