blurbpoint logo
Menu Button
  • Company
    • About US
    • Why Us?
    • Meet Our Team
    • White Label
    • Awards & Recognition
    • As Seen On
  • Portfolio
    • Case Studies
    • Testimonials
    • Video Testimonials
    • Our Clients
  • Marketing Services
    • Local SEO Services
    • Chicago SEO Services
    • National SEO Services
    • ON Page Audit
    • Content Writing
    • Link Audit & Removal Service
    • Panda & Penguin Recovery Service
    • Free Website Audit
    • Social Media Marketing
    • Online Reputation Management
    • Online Branding Management
    • Website Design
    • Responsive Web Design
    • Infographics Design & Promotion
    • Blogger Outreach
    • Blog Creation & Management
    • Lead Generation
    • Email Marketing
    • Pay Per Click Marketing
    • Conversion Rate Optimization
    • Inbound Marketing Service
  • Resources
    • Expert Talk
    • Webinars
    • E-Book
    • Videos
  • Blog
  • Contact
  • Company
    • About US
    • Why Us?
    • Meet Our Team
    • White Label
    • Awards & Recognition
    • As Seen On
  • Portfolio
    • Case Studies
    • Testimonials
    • Video Testimonials
    • Our Clients
  • Marketing Services
    SEO Services
    • Local SEO Services
    • Chicago SEO Services
    • National SEO Services
    • ON Page Audit
    • Content Writing
    • Link Audit & Removal Service
    • Panda & Penguin Recovery Service
    • Free Website Audit
    Social Media
    • Social Media Marketing
    • Online Reputation Management
    • Online Branding Management
    Web Development
    • Website Design
    • Responsive Web Design
    Content Marketing
    • Infographics Design & Promotion
    • Blogger Outreach
    • Blog Creation & Management
    Others Services
    • Lead Generation
    • Email Marketing
    • pay per click marketingPay Per Click Marketing
    • conversion rate optimizationConversion Rate Optimization
    • inbound marketingInbound Marketing Service
  • Resources
    • Expert Talk
    • Webinars
    • E-Book
    • Videos
  • Blog
  • Contact
  • Expert Interviews
  • SEO
  • Content
  • Social Media
  • InBound
  • Google
  • PPC
  • Reputation Management
  • Events
  • Webinars
our team

Latest Buzz – Yahoo has given Pink Slip to 2,000 employees

Sanket Patel April 05,2012 yahoo

Before some days, rumors are spread about Yahoo’s employees. On Wednesday, the company has released a statement in which they stated that 14 % of it total workforce or around 2,000 employees are laid off.

“Today’s actions are an important next step toward a bold, new Yahoo! – smaller, nimbler, more profitable and better equipped to innovate as fast as our customers and our industry require. We are intensifying our efforts on our core businesses and redeploying resources to our most urgent priorities. Our goal is to get back to our core purpose – putting our users and advertisers first – and we are moving aggressively to achieve that goal,” said Yahoo’s CEO Scott Thompson. “Unfortunately, reaching that goal requires the tough decision to eliminate positions. We deeply value our people and all they’ve contributed to Yahoo!”

There are most of people, who eliminate their position while some go through undefined “phased transition,” named by Yahoo CEO Scott Thompson. Once the dust settles, it is expected by Yahoo to save approximate $375 million. In its second quarter financial results, approximate $125 to $145 million pretax cash charge, which is related to employee severance, will be showed up by mostly in the dust.

Recently, significant changes related to staff reductions has been made by Yahoo that the layoffs account for 14 percent of Yahoo’s workforce and mark the sixth time in four years, according to the BBC News.

Firstly, AllThingsD confirmed this action in front of people. Thompson said the “tough decision” was necessary to make Yahoo “smaller, nimbler, more profitable and better equipped to innovate as fast as our customers and our industry require.”

At present, about 14,000 employees are working with Yahoo and it is not confirmed that where the axe will fall. But, according to Kara Swisher of AllThingsD speculates that layoffs will be across the board and may hit several areas in particular:

“The layoffs, which will touch all units of the company, are expected to hit hardest in the product division, which is headed by Blake Irving . . .

But the fate of two key parts of the soon-to-be-blown-apart unit — Yahoo’s advertising technology businesses, Right Media and APT, and its search business — is still being contemplated . . . Also set to be hard hit are Yahoo’s local businesses, as well as its marketing and research divisions . . .”

Furthermore, it is also guessed by Swisher that right now, Yahoo search Chief Shashi Seth “is likely to run consumer products,” which will house whatever stays of Yahoo’s search business.

In January, Chief executive of Yahoo, Thompson had given a signal about some significant changes and didn’t give any kind of details about it. But, on 03rd April’s statement, he said that company has recognized “a select group of core businesses” within Yahoo that it will center on without denoting those areas.

In order to convey more personalized content and improved ROI for advertisers, he also repeated his aim. According to AllThingsD report, plans could be laid out by Thompson, who has hired the Boston Consulting Group, for a company-wide reorganization next week.

twitter sharing button

Leave a Reply Cancel reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Subscribe to newsletter

Subscribe to our newsletter to get access to our news and resources. Your email will be safe. Unsubscribe at any time.

Email *

Connect With Us on Social

As Seen On

  • our client
  • our client
  • our client

Achievements

  • our client
  • our client
  • our client

Our Clients

  • our client
  • our client
  • our client

Categories

  • Achievement (1)
  • Bing (6)
  • Content Marketing (45)
  • Conversion Rate Optimization (1)
  • Ecommerce SEO (1)
  • Events (18)
  • Expert Interview (19)
  • Expert Talk (1)
  • Google (79)
  • Google Analytics (4)
  • Inbound Marketing (15)
  • Internet Marketing (50)
  • Link Building (50)
  • Online Job (1)
  • PPC (16)
  • Reputation Management (9)
  • SEO (278)
  • SMM (39)
  • Social Media (64)
  • Voice Search Optimization (1)
  • Webinars (5)
  • yahoo (3)
➤

Home

  • Who We Are
  • Our Clients love
  • White Label
  • Our Team
  • We Featured On
  • Free SEO Quote
  • Get in Touch
  • Working With Third Parties

Our Intelligence

  • Inbound Marketing Service
  • PPC Service
  • Local SEO Services
  • Chicago SEO Services
  • Social Media Marketing
  • Panda & Penguin Recovery
  • Lead Generation Services
  • Responsive Web Design

Resources

  • Expert Talk
  • Webinars
  • E-Books
  • Helpful Videos
  • Free Website Audit

Quick Contact

Email: support@blurbpoint.com
Call Us: 516-665-1600
blurbpoint logo

Copyright © 2008-2021 BlurbPoint.com All Rights Reserved.

  • Privacy Policy
  • Refund Policy
➤