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Yahoo says laying off nearly 700 workers will cost $30M to $34M in 2nd-quarter charges

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana
Yahoo says laying off nearly 700 workers will cost $30M to $34M in 2nd-quarter charges Posted: Jun 19, 2009 6:19 PM
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This post originated from an RSS feed registered with Java Buzz by Angsuman Chakraborty.
Original Post: Yahoo says laying off nearly 700 workers will cost $30M to $34M in 2nd-quarter charges
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Yahoo to write down as much as $34M for layoffs SUNNYVALE, Calif. — Yahoo Inc. says laying off nearly 700 workers will cost between $30 million and $34 million in severance pay and other related expenses. The layoffs, which affect about 5 percent of Yahoo's workers worldwide, were announced in April. They were the first significant cuts since [...]

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