Yahoo fires the 10% of its employees!
Posted on 21. Oct, 2008 by Nikos in Business, Technology
This morning, all the employees of Yahoo had a surprise email from their boss. Jerry Yang, CEO amd co-founder of Yahoo, sent an email to all the Yahoo’s employees worldwide.
In the email Jerry Yang explained the reasons of his decision According to his words, Yahoo has to eliminate its costs by $400 millions!
The big economic crisis affects also Silicon Valley, the place that US invests its 70%!
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