To check Oneindia News on your Mobile
go to:   http://m.oneindia.in/news/
 
  •  

Yahoo Inc to slash 5 pc workforce

 [IST]
Print This Page
Comment on This Article
A A A
Yahoo Inc
San Francisco, Apr 22: Yahoo Inc announced its plan to cut 5 per cent of its workforce as the company is struggling to fight economic crisis and the dominance of Google in internet search.

The announcement came after Yahoo reported quarterly income of $118 million, down 78 pc from a year ago. Yahoo sales fell 13 pc to $1.6 billion. The decision to cut workforce will effect about 600 to 700 employees. Almost same number of Yahoo employees were laid off in 2008 too.

This is the first job cut ordered by chief executive Carol Bartz, who replaced company co-founder Jerry Yang in Jan.

OneIndia News
Topics: yahoo, google, carol bartz, layoffs, global economic crisis, jerry yang
Other articles published on April 22, 2009
Close
 

Yahoo China wins unfair competition lawsuit

Thursday, December 21, 2006,11:36 [IST]
SHANGHAI, Dec 21: Yahoo China has won a lawsuit it brought against a local search engine operator over unfair competition, Yahoo China's owner, Alibaba.com, said today.Beijing's Second Intermediate Court ruled that Beijing Sanjiwuxian Internet Technology, operator of the Qihoo search engine, must stop competing unfairly and compensate Yahoo! China for damages and legal costs, Alibaba said in a statement.Beijing Sanjiwuxian was also required to make a public announcement clarifying ''incorrect allegations'', the statement said, without specifying the size.....
Read More

Yahoo India to invest in Tyroo media

Wednesday, July 18, 2007,16:11 [IST]
Bangalore, July 18: Yahoo! Inc., a leading global Internet company today announced a significant investment of over 35 per cent in Tyroo Media Pvt. Ltd, a Gurgaon based company offering advertising solutions. Tyroo, was part of Smile Interactive Technologies Group (Smile Group) and had over 1200 registered publishers cross the country. Yahoo India Managing Director George Zacharias in a release said that the move would enable the company gear up towards gaining significant market.....
Read More
Connect with

Wikia details plans for search rival to Google

Saturday, July 28, 2007,8:03 [IST]
San Francisco, July 28: Wikipedia founder Jimmy Wales said he is putting the building blocks in place for a community-developed Web search service that would rival search engines such as Google or Yahoo. Wales told a conference of software developers in Portland, Oregon, that his commercial start-up, Wikia, has acquired Grub, a pioneering Web crawler that will enable Wikia's forthcoming search service to scour the Web to index relevant sites. ''If we can.....
Read More
User Comments
[ Post Comments ]
Be the first to comment on this article.
Oneindia  Oneindia Login
Gallery - Videos