Yahoo to lay off 1,700 workers as CEO Marissa Mayer endeavors to spare her activity
Company reported a fourth-quarter loss of $ 4.43 billion on Tuesday Yahoo is laying off around 1,700 representatives and shedding a portion of its abundance things in a shake-up no doubt if CEO Marissa Mayer can spare her own activity. The since quite a while ago foreseen cleanse, declared Tuesday, will cast off around 15 for each penny of Yahoo's workforce alongside a collection of administrations that Mayer chose isn't justified regardless of the time and cash that the web organization has been putting into them. Mayer plans to offer a portion of Yahoo's undesirable administrations for about $ 1 billion, however she didn't distinguish which ones. In a clearly admission to a few investors, Mayer additionally said Yahoo's board will reflect "key options" that could bring about the offer of the majority of the organization's web activities. Experts have guessed that Verizon, AT and T and Comcast may be keen on purchasing Yahoo's primary ...