Skip to main content

Reports: Yahoo laying off 600 to 700 employees

Image used with permission by copyright holder

Yahoo has refused to comment, but multiple reports are claiming Yahoo is on the verge of laying off 600 to 700 employees. If true, the cutbacks would eliminate between four and five percent of Yahoo’s total remaining workforce, which totaled a bit over 14,000 employees at the end of September.

The Wall Street Journal’s All Things D reports the layoffs could come as soon as today and will mostly impact U.S. employees in the company’s product division. The New York Times says the cuts will come from consumers and advertising services. Reuters reports similar figures.

The move seems a rather harsh one on Yahoo’s part, landing just two weeks before Christmas. According to the reports, employees will be informed and be immediately escorted from Yahoo premises. The cuts will reportedly mostly hit in the products group led by Blake Irving, the former Microsoft executive hired by Yahoo CEO Carol Bartz earlier this year.

The layoffs are likely part of Yahoo CEO Carol Bartz’s belt-tightening plans at Yahoo, intended to reduce the company’s operating expenses as it works to expand its online advertising business. Reports that Yahoo would be laying off employees began circulating in early November; at the time, Yahoo said reports it was considering jettisoning up to 20 percent of its staff were inaccurate.

Editors' Recommendations

Geoff Duncan
Former Digital Trends Contributor
Geoff Duncan writes, programs, edits, plays music, and delights in making software misbehave. He's probably the only member…
This Dell XPS 13 laptop is down to its clearance price
Dell XPS 13 2024 front view showing display and keyboard.

We’re always on the lookout for laptop deals, and we just found one that we think most folks are going to dig! For a limited time, Dell has marked down the Dell XPS 13 Laptop to $700. Officially on clearance, you can now save $300 on this awesome Windows PC while supplies last. 

Why you should buy the Dell XPS 13 laptop
We see numerous Dell laptop deals in our daily promo combing, but this one stopped us in our tracks. The XPS 13 is meant to go toe to toe with one of the fiercest laptop foes in the biz — the MacBook Pro. And guess what? This PC does a solid job of giving Apple’s tried and true fan-favorite a run for its money. 

Read more
Walmart just discounted this HP laptop from $519 to $279
The HP 14-inch laptop on a small desk with some headphones.

Alert the press! Sound the alarm! The HP 14-inch Laptop received a massive markdown from Walmart. While this promotion lasts, you’ll be able to purchase this budget-friendly laptop for just $280. That’s $240 off the normal selling price! Student laptop deals usually kick into full swing toward the end of August, but this is a great opportunity to nab a powerful PC before the back-to-school rush. 

Why you should buy the HP 14 Laptop
We love all HP laptop deals, but this one’s particularly good. The HP 14-inch N305 is powered by an 13th-gen Intel Core i3-N305 CPU, Intel UHD Graphics, and 8GB of DDR4 RAM. It’s not the most powerful laptop in the world, but you’ll have no issue multi-tasking with desktop apps or running one of your favorite PC games. 

Read more
The best password managers for 2024
have i been pwned owner uncovers 13 million plaintext passwords leaked from free webhost is a safe password even possible we

If you're thinking about getting a new password manager, we can help narrow down your choices. Here's a list of the best and most secure solutions for taking your logins with you wherever you go, no matter what device you use.
No more retyping passwords every time you switch from your Windows PC to your iPhone or from a Mac to an Android phone. These premium password managers have more than just the basics, making your life easier and keeping your accounts safe at affordable prices.

1Password (Windows, Mac, iOS, Android, Linux, and Chrome OS)

Read more