Feb 3, 2016 : Yahoo to Lay Off 15% of Staff


📅 - Yahoo, an internet and media company, will soon shed some of its' staff by laying off 15% of the workforce. The company is making efforts to become more profitable and by the end of 2016, Yahoo expects to lose 9,000 staff members. The announcement was made on Yahoo.net through a press release following the company reporting a $4.3 billion loss for 2015.

Yahoo started back in 1994 and is known as one the original internet companies. They claim to bring in more than 500 million consumers every month through the search engine and web portal.
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