Yahoo! to cut up to 3000 employees

Robert Hallock (Thrax)

October 20, 2008 4:47 PM ET in News, , ,

After the recent hiring of layoff experts Bain & Co., it has been a matter of when, not if, employees would be shrugged from Yahoo! in another round of downsizing. It is expected that their Tuesday financial conference call will announce a reduction of between one thousand and three thousand employees.

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