Yahoo is expected to announce that it will lay off several thousand staff this week.

At this stage, no-one outside the Yahoo inner circle knows where Yahoo intends to make cuts (location, department, etc) , nor the exact number. Silicon Alley Insider reckons Yahoo needs to cut 3,000 employees, but Yahoo has said it will only cut 1,500.

Either way, Yahoo is probably not a particularly fun place to be right now…

Source: Henry Blodget, “Yahoo To Announce Mass Firings This Week”, Silicon Alley Insider, October 19, 2008

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